Business Value Is Lost When Behavior Change Is Underestimated

Russia’s aggression is becoming an existential threat for the eastern members of the European Union, Irish Prime Minister Micheal Martin said Thursday, as he condemned a drone attack in Germay that’s been blamed on…

Tony Rodriguez, head of fixed income strategy at Nuveen, explains his firm’s position on duration and how that would change with a series of interest rate hikes from the Federal Reserve. (Source: Bloomberg)

Blackstone limited redemptions from its Blackstone Private Credit Fund to 5% after investors sought to pull shares. Swetha Gopinath has more on Bloomberg Open Interest. (Source: Bloomberg)

Ukraine attacked a small service ship involved in planned repair works at the key CPC oil terminal in the Black Sea, a person with knowledge of the matter said. The facility is vital to Kazakstan’s crude exports.

Treasuries rose after Federal Reserve Governor Christopher Waller said he’d be inclined to leave interest rates unchanged as long as inflation continues to slow.

Emily Roland, co-chief investment strategist at Manulife Investment Management, says the firm still likes stocks, but it's time to let bonds do more of the work in investor portfolios. She speaks on Bloomberg…