Kathy Jones, Chief Fixed Income Strategist at the Schwab Center for Financial Research, joins Scarlet Fu on "Bloomberg Real Yield." US Treasuries sank and bond traders increased their bets on a Federal Reserve interest-rate hike by October to 50% as concern mounts that a protracted war in the Middle East could stoke global inflation.

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President and CEO of Stew Leonard's, Steward Leonard Jr., joins "Bloomberg Intelligence" to talk about the impact of rising oil prices and the war in the Middle East on Stew Leonard's customers, as well as how Stew Leonard's is trying to help the consumer in the US economy.

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Democratic Senator Gary Peters of Michigan, ranking member of the Senate Homeland Security Committee, joined "Bloomberg Balance of Power" to express strong opposition to approving a proposed $200 billion increase in Pentagon funding at this time. He emphasized that the administration has not sought the required congressional authorization as mandated by the U.S. Constitution. Peters highlighted that the current Pentagon budget is approximately $1 trillion, suggesting there is sufficient funding already available. He criticized the lack of a clear strategic plan or defined objectives, particularly questioning why there has been no effective action to keep the Straits of Hormuz open. The senator also pointed to the economic impact of rising gasoline prices on Michigan families, noting prices near $4 per gallon and the broader negative effects on consumers. He urged the president to provide transparency and justification for the proposed spending, warning that increasing the national debt without a clear plan could exacerbate economic instability.

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Former SEC Chair Gary Gensler discusses private credits role in US capital markets. He is joined by Bloomberg's Tom Keene and Paul Sweeney on Bloomberg Intelligence.

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Michael Hartnett, chief investment strategist at BofA Global Research, discusses market reaction to the Iran war, which he says will feed into earnings “without a question.” Harnett also explains where he would start “nibbling” on the S&P 500 and US treasuries and why he is still counting on the consumer.

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Tallbacken Capital Advisors Founder and CEO, Michael Purves, talks about continued tension and volatility in markets. He speaks with Tom Keene and Paul Sweeney on Bloomberg Surveillance.

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Arizona said it filed criminal charges against Kalshi for operating an illegal gambling business, in a significant escalation in the legal battles between the prediction market exchange and about a dozen states. Kalshi CEO Tarek Mansour joins Bloomberg's Tim Stenovec to discuss the charges.

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UC Berkeley Economics & Political Science Professor Barry Eichengreen discusses his latest book, "Money Beyond Borders." He joins Bloomberg's Tom Keene and Paul Sweeney on Bloomberg Intelligence.

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