Newsbot

Wyclef Jean on New Role as Circle Global Culture Advisor

Wyclef Jean, Fugees founding member and Circle Global Culture advisor, and Kash Razzaghi, Circle chief business officer, discuss bringing stablecoin innovation to the global stage with Romaine Bostick and Katie Greifeld on “The Close.” Jean says he wants to promote a borderless vision for stablecoins. (Source: Bloomberg)

Lindsay Rosner on Jobs Report, Fed Monetary Policy, Mortgages

Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management speaks with Scarlet Fu about the jobs report, Fed monetary policy and President Trumps mortgage bond announcement. (Source: Bloomberg)

Stocks rally, dollar higher in wake of US jobs numbers

Major stock indexes jumped to record highs and the dollar was also up on Friday after data showed the U.S. economy created fewer jobs than expected in December, which did little to change rate cut expectations from the Federal Reserve this year.

Supply Is Manageable for Spreads: BNPs Robson

On "Bloomberg Real Yield", Meghan Robson, head of US credit strategy at BNP Paribas, and Zachary Griffiths, head of US IG & macro strategy at CreditSights, speak with Scarlet Fu about the credit market. Global bond sales had their busiest ever start to a year. US high grade sales this week topped $90 billion and was the busiest week ever for a non-Covid year. (Source: Bloomberg)

IEAs Fmr. Oil Head: China Doesnt Need Venezuelan Oil

Neil Atkinson, visiting fellow at the National Center for Energy Analytics and former IEA oil markets chief, says Venezuela’s oil industry has severely deteriorated. He tells Katie Greifeld and Romaine Bostick on “The Close” that China’s involvement is driven more by political influence than oil demand. (Source: Bloomberg)