US Yields Near 2007 Highs; AI Push Fuels Job Cuts | Bloomberg Brief 5/19/2026
Speakers
Ven Ram
— Markets Live Reporter/Strategist, Bloomberg
Christopher Hodge
— Chief US Economist, Natixis
Summary
Bloomberg Brief covers rising bond yields, geopolitical tensions with Iran, and AI-driven workforce restructuring. The 30-year yield flirts with 2007 levels while oil stays above $110. A Natixis economist discusses inflation and Fed policy. Ven Ram recommends buying long-duration Treasuries and shorting Japanese government bonds.
- US equity futures slide as Treasury yields rise.
- 30-year yield reaches levels last seen in 2007.
- President Trump postpones strikes on Iran after Gulf allies seek more time.
- Oil prices stay above $110 amid geopolitical uncertainty.
- Standard Chartered and Meta announce AI-related job restructuring.
- Christopher Hodge of Natixis sees inflation staying in a range, Fed cutting twice.
- Ven Ram advises scaling into long-duration Treasuries at current high yields.
- Ven Ram expects further selloff in Japanese government bonds as BOJ needs to raise rates.
Trade Ideas
Buy long-duration US Treasuries now.
At current 30-year yield levels near 2007 highs, long-dated US Treasuries represent bargain levels because yields are unlikely to persist over the life of the bond, so investors should scale into duration.
Short JGBs, yields will rise.
The Bank of Japan needs to raise rates quickly; the Taylor rule suggests rates at least 2.8% while current rates are below 1%, so the selloff in Japanese government bonds (JGBs) is not over and yields will continue to rise, making JGBs a bearish trade.
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This Bloomberg Markets video, published May 19, 2026, features Ven Ram discussing TLT, JGB. 2 trade ideas extracted by AI with direction and confidence scoring.