US Economic Resilience Weights on Rate Cut Bets, Private Credit Risks

SCARLETT: FROM NEW YORK CITY, I'M SCARLET FU. THE ONE HOUR ADDITION OF "BLOOMBERG REAL YIELD" STARTS RIGHT NOW. COMING UP, THE SUPREME COURT STRIKES DOWN PRESIDENT TRUMP'S GLOBAL TARIFFS, SENDING TREASURIES DOWN AND YIELDS UP.WHILE STUBBORN INFLATION DATA COUPLED WITH WEAKER GDP SIGNALS THE FED CAN AFFORD TO TAKE ITS TIME LOWERING INTEREST RATES. AND THE FALLOUT FROM BLUE OWL'S DECISION TO RESTRICT WITHDRAWALS FROM ONE OF ITS PRIVATE CREDIT FUNDS. A WEAKENING CASE FOR IMMEDIATE FED RATE CUTS IS THE BIG ISSU ...