Investors Are Driving Government Bond Yields Higher

US stock futures wiped out early gains driven by the artificial-intelligence trade after a renewed rise in oil deepened a selloff in bonds. S&P 500 futures erased an advance of as much as 0.7% that was driven by an upbeat forecast from Micron Technology Inc. The gains evaporated as yields hit fresh multiyear highs, with the 10-year Treasury rate up five basis points to its highest since 2002. Thirty-year UK gilt yields reached 6% for the first time since 1998. Brent crude briefly hit $100 a barrel. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. Chapters: 00:00:00 - The Opening Trade 00:00:31 - Market Check 00:02:50 - Global Bonds' Worst Quarter Since 2024 00:04:41 - France Budget 00:07:16 - Tech Stocks Surge 00:11:43 - Micron Stock 00:26:01 - France Present 2027 Budget 00:40:05 - French Bonds Flirting With Crisis Mode: MLIV 00:47:05 - Stocks to Watch: Tech Stocks, Sanofi, Pandora 01:03:30 - Micron Forecast Beat AI Memory Demand 01:07:31 - FlyDubai Rescue Latest 01:15:14 - Micron Gives Bullish View 01:29:15 - French Bond Risk Hits New Milestone 01:33:00 - US 10-Year Yield Highest Since 2022 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts