Treasuries fell, with 30-year yields climbing from the lowest level in nine months, as a report showed industrial production increased last month more than forecast, adding to evidence the economy is strengthening.
Philip K. Howard, author of ‘The Rule of Nobody: Saving America From Dead Laws and Broken Government’, says his latest book is an effort to lay out a framework for reinventing government so it can balance budgets, let teachers run classrooms again, reform the nation’s tax code, and more. Howard, who is also partner at Covington & Burling, chairs Common Good, which believes that “dense” law makes government ineffective. Howard says law has taken over government, with a structure so dense it’s beyond the capacity of humans to handle. Howard speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s "The Hays Advantage”.
Treasuries rose, pushing 30-year bond yields to the lowest since July, on speculation the Federal Reserve isn’t preparing to accelerate interest-rate increases and as a report showed inflation remains subdued.
Pierre Dulaine, internationally acclaimed ballroom champion who introduced ballroom dancing to New York City’s public schools, describes the challenges and rewards of making his new film "Dancing in Jaffa," where he brings together Jewish-Israeli and Palestinian-Israeli children to teach them to dance. Dulaine speaks with Bloomberg’s Kathleen Hays on Bloomberg Radio’s "The Hays Advantage” as the film opens in New York City today at IFC Film Center and is released on Video on Demand.
Jeff Saut, chief investment strategist at Raymond James Associates Inc., says he sees smarter policy makers been elected in Washington over the next five years. Saut talks with Bloomberg’s Pimm Fox and Carol Massar on Bloomberg Radio’s "Taking Stock" on April 9th.
Hosts Catherine Cowdery and Greg Jarrett feature the best stories of the day from Bloomberg Radio, Bloomberg Television, and over 150 Bloomberg News bureaus around the world on Bloomberg Radio’s Bloomberg Best. Some highlights include a look at Gus Christensen’s campaign, the red-hot Manhattan condo market, and how Flappy Bird is ruffling feathers in the gaming industry.