Obama Willing to Back Health-Law Fix, Carney Says
Nov. 13 (Bloomberg) -- White House Press Secretary Jay Carney speaks about legislation to amend the Affordable Care Act. Carney, speaking at the daily White House news conference, also discusses the federal health-care exchange website and negotiations over Iran's nuclear program. (Source: Bloomberg)
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Why the BOE is Finding Corporate Yields Tough
48:21 - Long-term sterling bonds suggest investors are quickly losing confidence in the Bank of England’s ability to support debt markets through the U.K.’s departure from the European Union. Holders have lost about 10 percent in as little as seven weeks on long-dated notes issued by Vodafone Group Plc, British American Tobacco Plc and WPP Plc. The bond sales took place after the central bank announced plans in August to buy corporate debt, sparking investor optimism. The mood has since soured because of concerns about a so-called hard Brexit, sterling’s tumble and the outlook for inflation. JPMorgan International CIO of Fixed Income Nick Gartside discusses with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."