Bloomberg Talks

Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given current hurdles that include elevated inflation and the Federal Reserve’s quantitative tightening program.

“That’s a long way off, and we’re going to see what the market wants,” Bessent said in an interview with Bloomberg Television’s Bloomberg Surveillance on Thursday, when asked about “terming out” sales of US Treasuries sales. “It’s going to be path dependent.”

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Greek Prime Minister Kyriakos Mitsotakis comments on US President Donald Trump's labeling of his Ukrainian counterpart Volodymyr Zelenskiy as a "dictator." Trump is a "very smart man" who "has his own unique way of expressing himself," Mitsotakis says on Bloomberg Television. Europe needs to come up with a "unified voice," he adds, as the bloc seeks to boost its own security and "not just Ukraine's."

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President Donald Trump’s tariffs only make goods more expensive for Americans, said Canada’s Trade Minister Mary Ng, reiterating a vow to retaliate if the country’s largest trading partner goes forward with import duties.
“We’ve been very clear — tariffs are expensive for America. They make no sense,” Ng said in a Bloomberg TV interview in Singapore Thursday, adding that Canada continues to work with the US administration on the matter. “We don’t want to be here. We don’t want to initiate anything but should there be punishing tariffs on Canadians and Canada, we will respond accordingly.”

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Jeetu Patel, Chief Product Officer at Cisco, speaks on how the company is  positioning itself in the world of Artificial Intelligence. He speaks with Bloomberg's Carol Massar and Tim Stenovec. 

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Philips CEO Roy Jakobs discusses company earnings and expectations, especially the forecast for lower demand in China this year. He speaks with Bloomberg's Tom Mackenzie on Bloomberg TV. 

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Hartree Partners LP Special Advisor Edward Morse speaks on the global oil market with Bloomberg's Tom Keene and Paul Sweeney

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Mike Mayo, Head of US Large-Cap Bank Research at Wells Fargo Securities, examines Jamie Dimon's staying power and ultimate succession plan for JPMorgan, as well as Jane Fraser's turnaround success story at Citi.

Please note that Wells Fargo Securities, LLC and/or its affiliates, have beneficial ownership of 0.5% or more of any class of the common stock of Citigroup Inc.

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Polish Finance Minister Andrzej Domanski says the European Union needs to show more solidarity on defense spending in the face of “mixed signals” from the US. He is joined by Bloomberg's Oliver Crook.

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Zoetis CEO Kristin Peck speaks on Zoetis being granted a conditional license for its avian flu vaccine from the USDA. She speaks with Bloomberg's Katie Greifeld, Sonali Basak and Matt Miller 

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ASD Secretary General Jan Pie discusses how Europe may increase defence spending in a less secure world. The ASD is an umbrella organization for defense lobbies across 21 European countries. Pie speaks with hosts Caroline Hepker and Valerie Tytel.

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