EconomyHormuz Deal Elusive; Wall Street Sees Bond-Market Angst

Bloomberg’s Asia Trade begins its live coverage from Tokyo and Sydney as trading gets underway in Asia. The program highlights Iran rejecting U.S. talks while Trump signals patience. It also points to signs of anxiety in the bond market seen on Wall Street. A deal involving the Strait of Hormuz remains elusive, keeping the issue among the major developments shaping global markets.