Businessweek Daily: Fed Minutes & Oil Flows (Podcast)

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit. ly/3vTiACF A record-breaking run in stocks hit a wall as still-elevated oil prices stoked concerns that potential inflationary pressures could trigger Federal Reserve interest-rate hikes. Those worries sent the S&P 500 down from an all-time high. Brent crude fluctuated around $100 as traders weighed a pickup in Iranian attacks on vessels in the Strait of Hormuz against resilient Middle East flows. Ten-year Treasuries bounced from session lows after a solid $39 billion sale, but yields remained near the highest since 2002. On today's episode: Jeff Rosenberg, Managing Director & Portfolio Manager, Systematic Multi-Strategy Fund at BlackRock Jennifer Welch, Senior Geoeconomics Analyst for Bloomberg Economics Ed Ludlow, Host of Bloomberg Tech Dr.