January 22, 2026
36,608
395
146
1.48%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
7:58Now PlayingGregory Peters, Co-Chief Investment Officer of PGIM Fixed Income, joins Bloomberg Businessweek Daily to weigh in on this week's bond market moves, including a global selloff sparked by a rout in Japan. In the wake of Japan's bond chaos, leaders gathering at Davos were left wondering how long it would take before so-called "bond vigilantes" target what US Treasury Secretary Scott Bessent calls the “mountain” of US debt. Citadel CEO Ken Griffin told the forum Wednesday that the episode appears to be “a Liz Truss-lite moment,” recalling the UK crisis sparked by tax cuts enacted in 2022 under the-then British prime minister. Former International Monetary Fund First Deputy Managing Director Gita Gopinath said that it’s clear that investors no longer consider the US the secure borrower that it once was. “There are many other markets that were previously considered safe that are no longer safe, and that includes US Treasuries,” she said. Gopinath frequently pointed to America’s budgetary vulnerabilities during her IMF tenure. Peters calls the sentiment "a little melodramatic," and goes on to say that "having a heightened debt-to-GDP with administrative political instability has a tendency of wreaking havoc on the bond market." Peters speaks with Carol Massar and Tim Stenovec.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.