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Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.

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Speaker 2: Good morning, I'm Nathan Hager and I'm Karen Moscow. Here

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Speaker 2: are the stories we're following today.

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Speaker 3: Karen, we begin with Super Bowl sixty. The Seattle Seahawks

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Speaker 3: beat the New England Patriots twenty nine to thirteen for

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Speaker 3: the franchise's second NFL title. For the details, we bring

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Speaker 3: in Bloomberg's John stash Hour.

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Speaker 4: John.

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Speaker 5: All right, Nathan, thank you. There's that old sports cliche

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Speaker 5: offense wins games, defense wins championships. It was the Seattle

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Speaker 5: defense that carried them to the victory in Super Bowl

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Speaker 5: sixty and Santa Clair. In fact, the Seahawks defense scored

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Speaker 5: as many touchdowns as their offense.

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Speaker 6: The Patriots have a first down and the clock is

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Speaker 6: ticking at four thirty eight, and they trailed twenty two

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Speaker 6: to seven. Shot Gun snap forty four Seattle. He's ben

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Speaker 6: as he dropped the the.

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Speaker 7: Ball brief picked up by long few running down the

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Speaker 7: five thirty twenty ten five.

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Speaker 5: Touchdown that we won. The call of one of three

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Speaker 5: second half turnovers by Patriots quarterback Drake May. He got

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Speaker 5: sacked six times. New England through the first three quarters

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Speaker 5: had only five first downs and only seventy eight yards

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Speaker 5: of offense. The Seahawks won twenty nine thirteen, winning back

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Speaker 5: Kenneth Walker with one hundred and thirty five yards named

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Speaker 5: Super Bowl MVP. Much work coming up in sports. John

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Speaker 5: Stash I, we're Bloomberg Radio Care and we.

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Speaker 2: Look at markets now. Nathan Bloomberg has learned that Chinese

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Speaker 2: regulators have advised financial institutions to reign in their holdings

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Speaker 2: of US treasury, citing concerns over concentration risks and market volatility.

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Speaker 2: The guidance, which was communicated verbally to some of the

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Speaker 2: biggest Chinese banks in recent weeks, reflects growing weariness among

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Speaker 2: officials that large holdings of US government debt may expose

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Speaker 2: banks two sharp swings. Bloomberg's Mark Crinfield covers Asian markets

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Speaker 2: for Bloomberg News.

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Speaker 8: The Chinese authorities are warning their banks at home. If

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Speaker 8: you have got treasury holdings at the moment, or US

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Speaker 8: bonds in general, prepare for a lot more of a

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Speaker 8: relativity possible step and you might not be the only ones.

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Speaker 8: Don't be the last one out of the gate, because

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Speaker 8: once the bolla and bond start to move, it could

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Speaker 8: be pretty big. In these situations where treasuries haven't moved

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Speaker 8: a great deal over the past few weeks, all the

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Speaker 8: tendacy could increase very quickly. Nobody wants to be the

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Speaker 8: last person through the exit door.

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Speaker 2: Bloomer's Mark Cranfield says the move was framed around a

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Speaker 2: diversifying market risk rather than anything to do with geopolitical

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Speaker 2: maneuvering or a fundamental loss of confidence in US credit

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Speaker 2: worthiness and.

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Speaker 3: Staying in Asia. Karen Japan's Prime Minister Sunday Atakaichi secured

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Speaker 3: a historic election triumph, marking her as the most powerful

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Speaker 3: leader in Japan's post war era. Takaichi's Liberal Democratic Party

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Speaker 3: one a two thirds super majority in Sunday's lower House.

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Speaker 3: Election analysts say would be a clear mandate for Takaichi

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Speaker 3: to use fiscal stimulus to break a long standing deflationary cycle.

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Speaker 3: Treasury Secretary Scott Besson spoke about the election on Fox News'

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Speaker 3: Sunday Morning Futures Japan.

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Speaker 9: The Prime minister called a snap election the quickest apple

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Speaker 9: election in Japanese history, and boy has she had a

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Speaker 9: big victory today. She's going to have two thirds majority

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Speaker 9: in the upper House. President Trump in doorst last week

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Speaker 9: she is a great ally great relationship with the President,

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Speaker 9: and when Japan is strong, the US is strong in Asia.

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Speaker 3: That was Treasury Secretary Scott Bessant on Fox News. Later

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Speaker 3: on x Takaichi said she's looking forward to visiting the

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Speaker 3: White House in the spring to strengthen the Japan US

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Speaker 3: alliance in.

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Speaker 2: The UK and Nathan Keir Starmer's future is in the

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Speaker 2: balance after a crisis over the appointment of Peter Mandelssohn

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Speaker 2: as ambassador to Washington, claimed the Prime Minister's closest aid

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Speaker 2: we head to London. Now get the latest of Bloomberg's

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Speaker 2: James Who Wilcock James, good Morning.

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Speaker 10: Good morning, Karen. Nathan the Prime Minister meets his Labour

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Speaker 10: party mall makers tonight, as his aides tell Bloomberg they

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Speaker 10: are bracing for some U Stamas senior ministers to walk

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Speaker 10: into Number ten Downing Street and threaten to quit unless

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Speaker 10: he steps down. Eighteen months after winning a landslide majority,

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Speaker 10: the UK leader's job is on a knife edge. It

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Speaker 10: wasn't supposed to be this way, but a series of

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Speaker 10: policy U turns, uplomenting popularity and now fallout from the

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Speaker 10: Epstein saga has changed the narrative around this Prime minister.

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Speaker 10: Now in markets and in Westminster, many are asking if

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Speaker 10: his days are numbered. In London, James Wilcock Bloomberg Radio.

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Speaker 3: All right, James, thank you. Iran's president Massud Pezeshkian described

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Speaker 3: Friday's nuclear talks with the US as a step forward.

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Speaker 3: In an online post. The leader said dialogue has always

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Speaker 3: been Iran's strategy, but he added the regime would not

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Speaker 3: be intimidated. In recent weeks, President Trump has moved large

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Speaker 3: amounts of military power to the Middle East and threatened strikes.

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Speaker 3: The President called Friday's talks quote very good and said

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Speaker 3: another meeting is set for early this week.

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Speaker 2: And Washington, Nathan lawmakers have less than a week to

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Speaker 2: reach an agreement on reigning and immigration enforcement before funds

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Speaker 2: run out for the Department of Homeland Security. House Minority

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Speaker 2: Leaderhikim Jeffrey says Democrats won't give in on any of

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Speaker 2: their demands on border patrol and immigration and customs enforcement.

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Speaker 4: We know that ICE is completely and totally out of control.

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Speaker 4: They've gone way too far and the American people want

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Speaker 4: them reigned in.

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Speaker 2: House Minority Leader HOCKEYM. Jeffries discussed democrats lists of ten

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Speaker 2: proposed restrictions on CNN State of the Union. Republican Congressman

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Speaker 2: Tony Gonzalez of Texas says some demands like body cameras

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Speaker 2: make sense, but he says Republicans will not give in

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Speaker 2: on other proposals.

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Speaker 11: I'll tell you what's not going to be in there.

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Speaker 11: Amnesty for illegue aliens. I'll tell you what's not going

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Speaker 11: to be there, Stripping away protections for law enforcement officers

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Speaker 11: that are trying to protect themselves. If writers get to

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Speaker 11: wear masks, then law enforcement gets some wear masks.

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Speaker 2: Texas Republican Tony Gonzalez appeared on CBS's Face the Nation,

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Speaker 2: which you can hear every Sunday on Bloomberg Radio. If

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Speaker 2: Congress can't reach a deal by Friday night at DHS

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Speaker 2: shutdown would affect Customs and Border Protection FEMA, the Transportation

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Speaker 2: Security Administration, and the Coastguard. ICE would still have seventy

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Speaker 2: five billion dollars in funds from President Trump's tax and

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Speaker 2: spending cut law.

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Speaker 3: Caring the Trump administration plans to appeal a temporary court

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Speaker 3: order blocking the federal government from withholding funds for a

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Speaker 3: sixteen billion dollar rail tunnel under the Hudson River between

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Speaker 3: New York and New Jersey. The Gateway Development Commission is

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Speaker 3: building the new tunnel, but had to stop construction late

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Speaker 3: Friday because it has exhausted all its funding resources. New

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Speaker 3: York and New Jersey sued the administration in federal court

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Speaker 3: after Gateway filed its own lawsuit in an effort to

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Speaker 3: unlock more than two hundred and five million dollars of

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Speaker 3: federal funds. In the Court of Federal Claims. On Friday,

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Speaker 3: a federal judge sided with the States and ordered the

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Speaker 3: Trump administration to release the funds.

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Speaker 2: Well Nathan. In a message posted to social media this

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Speaker 2: week and today's show anchor Savannah Guthrie addressed whoever is

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Speaker 2: holding her mother. She appeared alongside her siblings, and Guthrie

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Speaker 2: said they will pay ransom for her return.

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Speaker 12: We received your message, understand. We beg you now to

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Speaker 12: return our mother to us so that we can celebrate

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Speaker 12: with her. This is the only way we will have peace.

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Speaker 12: This is very valuable to us.

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Speaker 4: And we will pay.

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Speaker 2: Investigators believe Nancy Guthrie was taken against her will last

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Speaker 2: weekend from her home just outside Tucson. DNA test show

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Speaker 2: blood on Guthrie's front porch was a match to her.

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Speaker 2: That is according to the Pima County Sheriff Chris Nanos.

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Speaker 3: And in company news Karen Novo Nordisk's shares are surging

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Speaker 3: this morning. They're up more than eight percent, reversing some

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Speaker 3: of last week's plunge. That's after Hymns and Hers Health

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Speaker 3: pulled a copycat version of the new Wagovi weight loss pill.

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Speaker 3: Hims and Hers says it'll stop offering the treatment. It

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Speaker 3: said so in a post on X on Saturday, that

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Speaker 3: was a day after the Food and Drug Administration pledged

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Speaker 3: to crack down on copycat weight loss drugs. HIMS and

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Speaker 3: Hers shares in the pre market are down nearly fifteen percent.

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Speaker 2: Time now for look at some of the other stories

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Speaker 2: making news in New York and around the world, and

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Speaker 2: for that we're joined by Bloomberg's Michael Barr. Michael, Good Morning, Good.

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Speaker 4: Morning, Karen. The Seahawks beat the Patriots twenty nine to thirteen,

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Speaker 4: but one of the most talked about moments of Super

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Speaker 4: Bowl sixty appeared to come from the halftime headliner Bad Bunny.

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Speaker 4: The halftime performance was a piece of history, with Bad

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Speaker 4: Bunny becoming the first Spanish language artist to headline the

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Speaker 4: show good.

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Speaker 2: Son.

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Speaker 4: President Trump said his dislike of Bad Bunny was the

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Speaker 4: chief reason he opted not to attend Super Bowl sixty,

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Speaker 4: but for many fans, Bad Bunny was the number one

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Speaker 4: reason they were there. Senior Nielsen VP Stay CD armists the.

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Speaker 12: Latino fan base is set to grow with the NFL,

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Speaker 12: and Nielsen data tells us things are lined up perfectly

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Speaker 12: for a win.

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Speaker 4: Kid Rock was the headliner at the conservative alternative to

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Speaker 4: Bad Bunny's main event at the Super Bowl last night.

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Speaker 4: Turning Point USA's All American halftime show was streamed during

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Speaker 4: the concert. There are renewed concerns about press freedom in

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Speaker 4: Hong Kong and beyond after Jimmy Lai, the seventy eight

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Speaker 4: year old pro democracy, former media tycoon and a fierce

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Speaker 4: critic of Beijing, is sentenced to twenty years in prison.

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Speaker 4: Lai was prosecuted under China's National Security Law. The list

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Speaker 4: of Republicans criticizing President Trump for the video that depicted

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Speaker 4: former President Barack Obama and former First Lady Michelle Obama

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Speaker 4: in a racist meme is growing. From Senator Tim Scott

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Speaker 4: of South Carolina, the Senate's only black Republican to dozens

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Speaker 4: of other members of Congress. There is condemnation for posting

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Speaker 4: it in the first place, and calls for a public apology.

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Speaker 4: Mark Morel, president of the National Urban League, says this

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Speaker 4: is beyond how a world leader should behave.

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Speaker 13: It doesn't surprise me that he wouldn't take responsibility, and

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Speaker 13: the fact that he would not very quickly take responsibility

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Speaker 13: and say it was wrong is why the Congress, by

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Speaker 13: joint resolution should condemn this.

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Speaker 4: The Urban League's Mark Moreel is also calling on religious

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Speaker 4: leaders to tell President Trump to apologize. Global news twenty

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Speaker 4: four hours a day and whenever you want it with

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Speaker 4: Bloomberg News Now Michael Barr and this is Bloomberg Karen.

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Speaker 2: Ray, Michael Barr, thank you time now for the Bloombergy

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Speaker 2: Sports update is brought to you by Flushing Bank. And

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Speaker 2: for that we bring back John stash Our, John, good morning.

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Speaker 5: Yeah, thanks Karen. Super Bowl sixty dominated by the defenses.

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Speaker 5: It wasn't until the fourth quarter that anyone got into

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Speaker 5: the end zone.

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Speaker 6: Darnald under center five at the defensive line. He gets

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Speaker 6: the staff current, Blight picks the hand off her comps.

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Speaker 3: To blitz Biergos.

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Speaker 5: The throllers both hoop.

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Speaker 7: Zone, good Quoder to hover the shutter cat for the

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Speaker 7: cutter of the uncold, and we got a first touchdown.

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Speaker 7: All Super Bowl sixty West.

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Speaker 5: Been one on the call no tds first three quarters

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Speaker 5: and then four in a span of eleven minutes, two

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Speaker 5: for each team that Sam Donald td bass, followed by

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Speaker 5: two from Drake May, but he also threw a forty

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Speaker 5: five yard six six. May had three second half turnovers,

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Speaker 5: He got sacked six times in the game, and Donald

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Speaker 5: of the Seahawks beat the Patriots twenty nine to thirteen.

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Speaker 5: Donald the Super Bowl winner after a rough first six

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Speaker 5: years of his career, when he was considered be an

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Speaker 5: NFL bust.

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Speaker 14: I told my me and my dad don't really cry

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Speaker 14: very often. And you know, I told my dad, I was, uh,

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Speaker 14: you know, and my mom, but you know, just I was.

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Speaker 2: I was.

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Speaker 14: I'm here because of their belief in me. And they

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Speaker 14: believed in me throughout my entire career. And I think

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Speaker 14: that's why I was able to believe in myself almost

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Speaker 14: at nausea.

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Speaker 5: And Donald his last two seasons won thirty one game.

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Speaker 5: Seahawks now two and two in their her history and

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Speaker 5: Super Bowls. The Patriots are now six and six. The

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Speaker 5: next weekend began with that thirty eight point loss in Detroit,

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Speaker 5: with then a twenty two point win in Boston to

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Speaker 5: tie them with the Celtics for second place in these.

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Speaker 5: Jalen Brunson, who shot four for twenty on Friday this time,

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Speaker 5: scored thirty one. The Dolphin Phoenix won by American and

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Speaker 5: Chris got her up in a playoff with Adeki matsu Yam.

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Speaker 5: It's already his second.

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Speaker 4: Win of the year.

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Speaker 5: Two gold medals for the US and the Olympics. Breezy

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Speaker 5: Johnson the women's downhill, only the second American to win it.

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Speaker 5: The other was Lindsay Von sixteen years ago. She crashed

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Speaker 5: fourteen seconds. In nine days after Von tore racl she

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Speaker 5: broke her leg in a repeat gold for the US

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Speaker 5: and teen figure skating. John Stashy I went at Bloomberg

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Speaker 5: Sports Karen Nate.

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Speaker 2: Stay with us. More from Bloomberg day Break coming up

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Speaker 2: after this.

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Speaker 1: Coast to coast on Bloomberg Radio, nationwide on Sirius XM,

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Speaker 1: and around the world on Bloomberg dot Com and the

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Speaker 1: Bloomberg Business opp This is Bloomberg Daybreak.

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Speaker 3: Good Morning, Van Hager, Treasury yields are rising across the

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Speaker 3: curve this morning, with sources telling Bloomberg News the Chinese

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Speaker 3: regulators are urging the country's banks to limit their exposure

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Speaker 3: to US government debt. People familiar are saying they're citing

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Speaker 3: concerns over concentration risks and market volatility. For more, We're

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Speaker 3: joined by Sylvia west All, Bloomberg News Managing director for

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Speaker 3: FX and Race. She's in our London newsroom this morning. Sylvia,

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Speaker 3: good morning. How significant could this Chinese warning be for

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Speaker 3: US treasuries?

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Speaker 15: I think the timing is quite interesting. I mean, why,

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Speaker 15: you know, they did frame this around diversifying risk, but

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Speaker 15: there has been this sort of recent global trend that's

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Speaker 15: seen India and Brazil lower their exposure to treasuries and

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Speaker 15: growing doubts kind of about the appeal of US assets.

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Speaker 15: You've had Trump's threats over Greenland, You've had just general

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Speaker 15: on needs there, and that's spurred the hunt for alternative

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Speaker 15: assets such as gold. Although overall, I think, you know,

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Speaker 15: we have to look at the bigger picture here and overseas.

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Speaker 15: Holdings of treasuries actually in November to the highest level

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Speaker 15: on record. That's the most recent data we have so

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Speaker 15: we have countries like Norway, Canada, and Saudi Arabia offsetting

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Speaker 15: some of the countries, including China, that have have sort

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Speaker 15: of let let let treasuries go. And overall last year

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Speaker 15: as well, treasuries had their best returns for a long time,

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Speaker 15: and the particularly well compared to other peers. So it

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Speaker 15: was actually quite a good time to hold treasuries last year,

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Speaker 15: whether you were you know, domestic or foreign investor. So

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Speaker 15: there's a there's a sort of broader picture here to tell,

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Speaker 15: but definitely in terms of timing, in terms of what

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Speaker 15: it says symbolically, it's an important shift.

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Speaker 3: And part of this timing is Treasury Secretary Scott bess

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Speaker 3: And on Fox News yesterday saying that Chinese traders could

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Speaker 3: be part of the reason why we saw the volatility

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Speaker 3: in gold last week. Does this point to a new

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Speaker 3: tension point between the US and China.

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Speaker 15: It's definitely been something whenever the US has had tensions

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Speaker 15: with countries around the world that treasuries have come up,

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Speaker 15: because of course, so much of you know, the huge

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Speaker 15: amounts of US that are held overseas. I think I

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Speaker 15: guess the question mark is, you know what kind of

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Speaker 15: comes into the FED and what his outlook is. I

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Speaker 15: do think we're probably going to see more of this

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Speaker 15: back and forth going forward if you kind of look

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Speaker 15: at what the sort of signals that are being sent

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Speaker 15: and the timing of it as well, given the sort

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Speaker 15: of question marks over over US assets coming. So, I

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Speaker 15: think we're in for a period of volatility in different countries,

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Speaker 15: and different people might blame one or the other, but

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Speaker 15: I think what's certain is that you know, in this

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Speaker 15: time of volatility, people might try and hold their positions

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Speaker 15: and see where things where things go. That's definitely what

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Speaker 15: we saw towards the end of the year with treasuries.

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Speaker 15: Many of the big investment houses held firm on their

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Speaker 15: calls and held onto their what they were doing because

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Speaker 15: there was so much uncertainty out there.

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Speaker 2: This is Bloombery Daybreak, your morning podcast on the stories

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