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Podcast: Bloomberg Daybreak: Europe Edition
Episode: US Treasury Yield Curve Disinverts, JP Morgan Sours on China, & Burberry's New CEO Inherits Old Baggage
Description: Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A key segment of the US Treasury yield curve briefly turned positive as weaker-than-anticipated labor-market data bolstered bets on steep interest-rate cuts by the Federal Reserve.(2) Vice President Kamala Harris called for a 28% capital gains tax rate on people earning $1 million or more, touting it as a measure that would ensure the wealthy paid their fair share as she sought to detail her economic agenda and draw a contrast with Republican rival Donald Trump.(3) Oil steadied near t...