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Transcripts For BLOOMBERG Bloomberg 20240703

The two year yield now down to 4. 93 on the day. A lot of volatility in that bond market. About a 4. 9 nine handle earlier on the day. The 10 year now at 4. 63. We got as high as 4. 6 six. Really testing the high of the year. Again, that really interesting selloff in the bond market data today. May 8 movers on the equity side. Talking about apple shipping 50. 1 million phones in the first three months of the year. That is according to idc. Falling short of estimates and reflecting flagging sales in china, despite a broader smartphone industry rebound. Tesla slashing headcount by more than 10 as the carmaker struggles with slowing demand. On top of that, two Senior Vice President s have left the company. We will discuss this with Bloomberg Technology ed ludlow. What does this mean . Ed i am hearing there is a focus on cost reduction. It was the same analysis in 20 ....

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