Deficit Threat Fuels Bond-Yield Surge

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 29 October 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A.M. Edition for Oct. 29. Treasury yields climb sharply on expectations that spending will surpass federal revenue after the U.S. election. Plus, Jeff Bezos defends the Washington Post’s move to not endorse a presidential candidate. And the WSJ’s AnnaMaria Andriotis explains how Visa woos partners and strong-arms competitors to solidify its place atop the payments world. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Using my buckly card forward credit card to pay for the stuff I need now
0:03.2	could help build up my credit score for the day I need something bigger.
0:06.5	So buying a set of headphones, all waits for my workout.
0:10.5	Smashed it.
0:11.4	Could help in the future when I want to rent my first flat share.
0:15.0	Now that's forward thinking.
0:17.0	Check if you're eligible at Barclaycard.code at UK.
0:20.0	33.9% APR representative variables subject to application financial circumstances in borrowing history,
0:26.0	T's and C's apply.
0:27.0	Responsible use of a credit card can help build your credit score when you pay on time.
0:30.0	Voting battles begin to pull the Supreme Court into the election.
0:37.0	Plus, Bond yields rise on expectations of higher deficits no matter who's in the Oval Office and will take you inside
0:45.4	Visa's decades-long battle to remain atop the payments world.
0:49.2	It's remarkable because of all the potential competition that had come up.
0:53.2	One of the probably biggest dangers that Visa was facing was when Apple was looking to become
1:00.3	big in payments and what would become Apple Pay.
1:03.0	It's Tuesday, October 29.
1:04.9	I'm Luke Vargas for the Wall Street Journal,
1:06.8	and here is the AM edition of What's News,
1:10.0	the top headlines and business stories
1:12.0	moving your world today.
1:17.0	A week out from Election Day, let's begin with the latest on the race for the White House.
	...

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