The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF (http://bit.ly/3vTiACF) Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices drove bond yields to multi-year highs. Almost 350 firms in the S&P 500 dropped. Benchmark 10-year yields hit the highest level in nearly two decades. Longer-dated Treasuries extended losses after a weak $13 billion sale of 20-year bonds. Brent crude settled above $108, fueling inflation worries. Bitcoin tumbled as the US Senate blocked a landmark crypto bill in an industry loss. On this special edition of the show, Carol Massar and Tim Stenovec host live from Huntington Beach, California from the Future Proof Festival. Today's show features: Tony Davidow, Senior Private Market Strategist, Franklin Templeton Institute Jan van Eck, VanEck Funds CEO Jaime Magyera, Senior Managing Director, Head of U.S. Wealth and Head of Retirement, BlackRock Scott Dennis, Head of ETFs, TCW See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Listen to more of Bloomberg Businessweek: https://youtube.com/playlist?list=PLe4PRejZgr0NDtGW4nghKtCxl6SCdFJfq #Bloomberg #Podcast #News #Businessweek Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake For coverage on news, markets and more: http://www.bloomberg.com/video