Turkey’s Kontrolmatik Enerji ve Muhendislik defaulted on two separate lira bonds that matured on Friday, according to a statement by Turkey’s Central Securities Depository, marking a rare corporate debt default in the country’s local bond market.

The euro could climb to levels last seen five years ago as a drop in hedging costs would drive flows of more than $200 billion and prop up the currency, according to Morgan Stanley.

Kay Herr, chief investment officer of US GFICC at JPMorgan Asset Management, and Ed Al-Hussainy, portfolio manager at Columbia Threadneedle Investments, join Scarlet Fu on "Bloomberg Real Yield." Government bond markets tumbled around the world, sending yields surging from Japan to the US. (Source: Bloomberg)

Metals from gold to copper sank in a broad selloff in financial markets amid investor concerns that a war-driven surge in inflation may force global central banks to raise borrowing costs and drag down economic growth.

Government bond markets tumbled around the world, sending yields surging from Japan to the US on intensifying fears that the war-driven price shock will force central banks to raise interest rates to contain the impact.

Several US occupations expected to be impacted by artificial intelligence saw heavy job losses for a second year in 2025, led by customer service representatives and certain types of secretaries and salespeople.

US power-plant developer Fermi Inc. changed its rules around director appointments to block efforts by its former chief executive officer to reshape the company’s board.

Bill Ackman said Pershing Square has built a new stake in Microsoft Corp., taking advantage of a decline in the company’s share price to invest in a business that he said is stronger and more resilient than investors think.

Diabetes equipment provider MiniMed is aiming to be the “self-driving car” of insulin pumps, says its CEO, Que Dallara. Hot off the heels of the company’s IPO, Dallara speaks with Caroline Hyde on the sidelines of the Consello Spark Summit. (Source: Bloomberg)

SumerSports, a startup founded by Paul Tudor Jones, is trying to transform football using artificial intelligence. SūmerSports CEO Lorrissa Horton joined Bloomberg Open Interest to explain how NFL teams are using frame-by-frame AI tracking for scouting, player development, predictive play analysis, and fan engagement. It's all powered by hedge-fund style analytics that was originally inspired by fantasy football. (Source: Bloomberg)