The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices drove bond yields to multi-year highs. Almost 350 firms in the S&P 500 dropped.
Benchmark 10-year yields hit the highest level in nearly two decades. Longer-dated Treasuries extended losses after a weak $13 billion sale of 20-year bonds. Brent crude settled above $108, fueling inflation worries. Bitcoin tumbled as the US Senate blocked a landmark crypto bill in an industry loss.
On this special edition of the show, Carol Massar and Tim Stenovec host live from Huntington Beach, California from the Future Proof Festival.
Today's show features:
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