Trump Threatens 'All Hell' as 8pm Deadline Looms
April 7, 2026
34 min
Full
5,234 of 5,353
April 7, 2026
Trump Threatens 'All Hell' as 8pm Deadline Looms
0:00 / 34:47
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Bloomberg Originals Episodes Around April 7, 2026
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34:47This episodeTrump Threatens 'All Hell' as 8pm Deadline Looms
Summary
<p>The people, companies and trends shaping the global economy.<br />Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.<br /><br />President Donald Trump has threatened “all Hell” will rain down on Iran if it doesn’t agree to a ceasefire that reopens the Strait of Hormuz by 8 p.m. Eastern time on April 7. Is this a bluff intended to push Tehran to the negotiating table, or a credible threat?<br /><br />With the deadline nearing, Iran rejected the latest US proposal for a deal to end the war and continued regional strikes. Trump intensified his threats — warning a “civilization will die tonight” — and the US reattacked Iran’s Kharg island. Further escalation appears more likely than negotiations. That’s consistent with our base case that the war will see a sharp escalation followed by a shift to lower-intensity fighting.<br /><br />Treasuries fell amid mounting oil prices in the run-up to US President Donald Trump’s late-Tuesday deadline for Iran to agree to terms for ending American attacks.<br /><br />The declines lifted yields by as much as five basis points, with long-maturity tenors rising most. Ten- and 30-year yields reached session highs against an array of conflicting signals about whether Trump’s threats of mass destruction are likely to come to pass.<br /><br />Oil prices — a principal driver of Treasury yields since the US assault on Iran began Feb. 28 — rose, US benchmark West Texas Intermediate crude futures by as much as 4.6% from Monday’s multi-year high close. Yields reached year-to-date highs in late March as energy prices mounted, however they retreated from those levels amid mounting fears the oil shock will hit economic growth.<br /><br />Today's show features:</p> <ul> <li>Jennifer Welch, Bloomberg Economics Chief Geoeconomics Analyst</li> <li>Jim Caron, Morgan Stanley Investment Management Portfolio Solutions Group CIO</li> <li>Michael Gross, SLR Capital Partners Co-Founder </li> <li>Sastry Durvasula, TIAA Chief Operating, Information and Digital Officer</li> </ul><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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