Will the Big Buyers of U.S. Debt Look Elsewhere?
Global bond investors have lost more than $1 trillion this week as U.S. President-elect Donald Trump’s policies are seen triggering an increase in spending that will quicken inflation. Bond-market capitalization slid by $450 billion Thursday, a fourth day of declines that pushed the total for the week above $1 trillion for only the second time in two decades, Bank of America Merrill Lynch data show. Bank of New York Mellon Chief Currency Strategist Simon Derrick discusses with Anna Edwards and Yousef Gamal El-Din on "Bloomberg Daybreak: Europe." (Corrects company name of guest in description.)