US Yields Near 2007 Highs; AI Push Fuels Job Cuts | Bloomberg Brief 5/19/2026
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US Yields Near 2007 Highs; AI Push Fuels Job Cuts | Bloomberg Brief 5/19/2026
US equity futures slide and 30-year Treasury yield flirts with levels last seen in 2007. President Trump calls off scheduled strikes on Iran after Persian Gulf allies sought more time to work out a deal. Standard Chartered plans to eliminate nearly 8,000 jobs as the firm shift to AI, while Meta reassigns workers to AI roles ahead of planned job ...
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