US Treasury Yields Near 2007 Highs; AI Drives Job Cuts

In a morning brief, Bloomberg discusses rising US treasury yields nearing 2007 highs, job cuts in tech and finance due to AI integration, and geopolitical tensions between the US and Iran. The brief also covers market movements in Asia and Europe, focusing on bond yields and potential impacts on stock markets. President Trump's comments on Iran and the potential for a diplomatic breakthrough are analyzed.