i am taylor riggs and this is "wennberg markets." -- "bloomberg markets." ♪ taylor: let's take a quickheck of where we are in these markets. you're seeing a little bit of equities falling here on the day. you have the s&p rolling over 42.72. it was 4300 yesterday. a bigger hit as well, big tech names rolling over. that is what you see here again on the 20-year. that is the key bellwether we have been watching. i think right now, eight basis points on the day. we continue to talk a lot about the inversion. that has continued as well. i wanted to bring apple, since tech is lower on the day. apple, of course, is the reversal of that. we are hearing a great skip from our very own mark gurman from -- about an iphone 14 that is supposed to hit stores may be around mid-september. as a turning reports from some major retailers continue to rollout this week, some of the latest retail numbers show delta stagnating in july. some gains did seem to show resiliency. weighing and just on how healthy consumerism is speaking earlier on bloomberg. >> every single company has talked about the fact that w

i'm taylor riggs in for jonathan ferro. time for the auction block.e will be kicking things off in europe. with the summer slow, issuers across all sectors facing come back, pushing weekly sales about 30 billion. in the u.s., high-grade bond sales ending a busy month on a quiet note. august issuance popping $110 billion with three small deals this week. one of my favorites, junk bond market, those issuance said to remain closed through a monsoon. i want to stick with credits. jp morgan, bond markets are still mispriced. take a listen. >> i'm looking now at credit spreads in the mid-for hundreds, and they just looked too expensive to me. they do not seem to adequately price in recession risk. i think we, by year end, will go back up to the old highs of around 600 over. i also do not think the market is adequately pricing in quantitative tightening. i would like to see a couple months of that's, see what the up the appetite for the market did i just bonds when they are coming out of the fed left right and center. taylor: kelsey berro, matthew hornbach,

for taylor riggs, i am jon erlichman, this is bloomberg. or: have a great weekend. ♪ this is xfinity rewards. our way of showing our appreciation. with rewards of all shapes and sizes. [ cheers ] are we actually going? yes!! and once in a lifetime moments. two tickets to nascar! yes! find rewards like these and so many more in the xfinity app. so many people are overweight now and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now, there's golo. golo helps with insulin resistance, getting rid of sugar cravings, helps control stress and emotional eating, and losing weight. go to golo.com and see how golo can change your life. that's g-o-l-o.com. vonnie: this returning in atlanta georgia -- lindsey graham has been ordered to appear before a grand jury investigating efforts by donald trump and his allies to overturn the 2020 election. senator graham will be asked about a ph

i'm with taylor riggs. time for what it's worth. how about $1.65 billion. that is how much amazon is paying to acquire irobot. the creator of rumba robots. it sold 40 million home robots over the years. amazon already has lots of robots in the warehouse, so why do a deal like this? let's ask our bloomberg intelligence team member. she joins us now. nice to have you with us. what is your reaction to this deal? >> it is just one of those things that amazon does for they want to enhance their home offerings and automation within consumer homes. you have an echo and an echo device. you have an amazon security. so why not have the rumba, integrate with alexa. just own the home space when it comes to automation. >> i'm confused. i thought there was an administration that was anti-big tech and anti-amazon, according to the ftc chair. >> they've been inquisitive. they are acquiring the largest in the last two years, but this is fairly small. 1.6 5 billion dollars. they can do this. they have the funds to do this. will they care? that is a question i cannot answer.

." -- i am taylor riggs and this is "bloomberg markets" . taylor: it is 1:00 p.m. in new york so we get a good check on the cross asset markets. let's start with the equity markets rolling over just a little bit, searching for direction on the day. 4270 is similar to yesterday. again, losing the big 4300 number we had earlier on in the week, most of that to now unwinds and looking at mostly flat on the day. the stoxx index a big outperformer. you can see the breaking news on your screen about qualcomm trading -- trying to return with the new chips. you get a big boost with the stoxx index, the outperformer's, some chipmakers firmly back in the green. i wanted to talk about the tips on the 30 year market. it is 1:00 and we will get some of a real yield auction of the longer-term duration bonds so a 30 year real yield is what has me in focus. we will get those headlines soon. for now, we get direction and the rates market. finally, the inversion as well. two/tens, a little inversion but less then yesterday. a little steepener by three to four basis points but duratio

i'm taylor riggs and this is "bloomberg markets." [bell ringing] let's get a quick check of some of the global markets. in the u.s., a little relief here coming down after the big monster we have had -- big monster rally earlier. s&p off .3% but try to hold onto the 4140 level here and nasdaq actually here is the outperformer despite being in the red. and not here happening in the yield space. take a look at the twos/tens. some of the most inverted levels where seen back until september of 2000. it is the duration and magnitude of this inversion that really catches our attention. if you think about what -37 means here, really looking at pressure on the front end of rates. the vix index, looking at the global fear of the markets, a little elevated here but we would call this mostly calm here and 22 level on the vix. we mentioned a rate environment and global central banks that really takes us forward to the boe. as we know this morning, raising these interest rates by the most since 1995 and earning the u.k. headed for more than a yea

this is "bloomberg markets: the close," with caroline hyde, romaine bostick and taylor riggs. ♪ caroline. in new york. this is "bloomberg markets: the close." we are always happy to welcome gina martin adams. more breaking news ahead of the all-important jackson hole friday. the speech coming from jay powell directed at two regional feds. a full percentage point rate hike intellect. gina: the fed is pretty co

with caroline hyde, romaine bostick, and taylor riggs. >> it is 2:00 p.m.. 7:00 p.m. in london. we are live. this is bloomberg markets the close. >> i'm katie. >> the stocks are sending a clear message that rates will stay high. that's on top of a market expecting a caucus ecb. taylor has the latest on

i'm taylor riggs. we have to get back to breaking news. agents searched former president trump's mar-a-lago home recovered 11 sets of classified documents. this is according to the wall street journal. it includes papers marked as top-secret and meant to be in special government facilities. i'm pleased to say joining us now is doug heights, and former rnc communications director. so great to have you here and studio in new york. talk about the big picture. we are getting reports these are big classified documents. how concerning is this to you. doug: is concerning on multiple levels. we did not know what the documents were. if the fbi and the doj are going to do something this unprecedented, clearly they are doing it for reason. they have real concerns and they are making sure they will. every -- dot every i and cross every t. the rhetoric i heard from republicans was concerning. they merely jumped to donald trump's defense. we always learned with donald trump and you defend him, if you hours are a couple days later you find out more infor