PodcastSquawk on the StreetSeptember 24, 2026
11AM Hour: U.S.-China Summit Today, Coldwell Banker Realty CEO & OpenAI Hacks Again 9/24/26
Markets are digesting a bond-yield spike and an inconclusive Xi-Trump summit while AI safety failures (OpenAI's Australian hack) intensify US-China AI governance debates.
- Bond yields spike: 30-year yield hit a 2004 high and TLT hit a record low, down >50% since its August 2020 peak, as DWS's David Bianco says AI-adjacent tech is 'least sensitive to higher yields.'
- Xi-Trump summit low on deliverables: State visit included a state dinner with Jensen Huang, Tim Cook, Elon Musk and Jamie Dimon; CNBC's Megan Casella notes expectations for concrete AI/trade breakthroughs remain low.
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