Global Bond Slump Raises Fed Questions | Bloomberg Businessweek Daily 8/18/2026

Long-term debt costs are soaring as the bond market slumps. Bloomberg's Chief US Interest Rate Strategist Ira Jersey and Corporate Finance Reporter Davide Barbuscia explain why this jump is happening and what it signals to the Fed. Then, Empower Chief Investment Strategist Marta Norton on this week's global bond slump and how it's changing investor positioning. Plus, China Beige Book COO Shehzad Qazi previews next month's meeting between China's Xi Jinping and President Trump, and the future of…