US Consumer Spending Picks Up, Public vs. Private Credit Markets | Real Yield 6/25/2026

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today’s guests: Citi Head of Global Rates Deirdre Dunn, T. Rowe Price Co-Portfolio Manager Dynamic Global Bond Strategy Adam Marden, JPMorgan Asset Management Fixed Income Portfolio Manager Stephanie Doyle, and BNP Paribas Global Head of Credit Strategy & Desk Analyst Viktor Hjort.

Chapters;
00:00:00 Introduction & Headlines
00:01:51 Inflation Hits 4% and Fed Outlook
00:06:08 Bloomberg Economics Breaks Down PCE Data
00:08:42 Roundtable: Is Inflation Peaking?
00:11:45 Yield Curve and Treasury Market Outlook
00:13:29 Oil Prices and Treasury Markets
00:14:37 Private Credit Redemption Crunch
00:20:13 Midday Market Movers
00:21:09 Auction Block: SpaceX Bond Sale
00:23:57 Credit Roundtable: Investment Grade Outlook
00:31:02 SpaceX Bond Demand & Duration Strategy
00:34:44 Midday Movers & Municipal Markets
00:35:37 New York Comptroller Primary & Municipal Bonds
00:39:00 New Jersey Fiscal Outlook
00:41:27 Final Thoughts: Inflation, Fed & Treasury Yields
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