The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, dampening hopes of a diplomatic breakthrough to end the war. The decline pushed most Treasury yields higher by nearly 10 basis points by noon in New York, with those on 10-year bonds climbing to a fresh 19-year high. Meantime, Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reopen the Strait of Hormuz before US midterm elections in November. On today's episode: Patrick Murphy, Executive Director at Hilco Global Geopolitical Unit, former Acting Secretary of the Army & US Congressman Bob Chapek, former Disney CEO Rebecca Walser, Founder & CIO at Walser Wealth Management Ed Ludlow, 'Bloomberg Tech' Host Chapters: 00:00:25 - Patrick Murphy, Hilco Global Geopolitical Movement Executive Director 00:08:28 - Bob Chapek, Former Disney CEO & Author 'Behind the Castle Walls' 00:34:48 - Rebecca Walser, Walser Wealth Management Founder & CIO 00:41:32 - Ed Ludlow, 'Bloomberg Tech' Host -------- Get more on the Bloomberg Businessweek Podcast On Apple: http://bit.ly/3IPl60i On Spotify: http://bit.ly/3WGFd6B Anywhere: http://bit.ly/42xo9kZ Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake