October 12, 2026

What if we can’t pause and catch our breath?

Twenty-five years to the month since the US Treasury shocked investors by ending sales of the 30-year bond, the Treasuries market is debating whether 20-year securities are now set for the chopping block.

Tina Fordham, founder of Fordham Global Foresight joined Bloomberg Open Interest to break down President Trump’s surprise diesel deal with Russia, Zelensky’s demand for an energy ceasefire, and fresh attacks in Ukraine and Saudi Arabia. We unpack what it all means for oil prices, markets, and US, Russia relations. (Source: Bloomberg)

Bloomberg’s Sridhar Natarajan expects a mixed-bag when it comes to earnings results from Wall Street’s big banks. JPMorgan, Goldman Sachs, Wells Fargo and Citi all report Tuesday. The banks are expected to unveil a quarterly-stock trading haul of nearly $19 billion. (Source: Bloomberg)

US mortgage rates increased for seven straight weeks for the first time in three years, adding pressure to an already weak housing market.
Selma Hepp, Chief Economist at Cotality, discusses home sales and the outlook for mortgage rates and refinancing. (Source: Bloomberg)

TotalEnergies SE will continue to bear down on pump prices in France through the current oil crisis, as it participates in a government-led release of strategic diesel reserves to further ease consumer costs, Chief Executive Officer Patrick Pouyanne said.

Michelle Weaver, head of US thematic research at Morgan Stanley, says the benefits of AI adoption are beginning to flow through to earnings, with the firm’s analysis showing high-materiality AI adopters on track for 460 basis points of EBIT margin expansion through year-end. She expects that advantage to continue into next year. She speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

A new disclosure about Micron’s buyback plans appears meant to show shareholders that Micron is more generous with cash than one of its key rivals, an analyst said.

Saudi Arabia said it was dealing with new drone and missile attacks, following deadly weekend strikes on Riyadh airport claimed by Yemen’s Houthis.

Simon Marks explains the challenge posed to Crown Prince Mohammed bin Salman. (Source: Bloomberg)

Demand for crude oil may have peaked in 2025, partly as higher need for fuels is increasingly met by biofuels, according to FGE NexantECA.