Markets Brace for First US Fed Hike Since 2023

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Bond traders have piled into bearish positions ahead of Wednesday’s Federal Reserve meeting, betting that the Treasury selloff driving yields to their highest in almost two decades will continue. OpenAI is holding early talks with investors about a fresh funding round that would value company at more than $1.2 trillion ahead of an IPO. Senior Trump administration officials met Tuesday with Anthropic’s top Washington executive to discuss AI safety risks. Today's guest: Luis Garicano, Rhine Group, Executive Director & London School of Economics Professor. (Source: Bloomberg)