Worldwide Bond Selloff Accelerates

P.M. Edition for Aug. 18. Government bonds are getting hammered in the U.S. and overseas. WSJ markets reporter Sam Goldfarb discusses how the AI boom is playing a part in driving yields of the 30-year Treasury and other long-term bonds to their highest levels in decades. Plus, Disney steps up a fight with the FCC over a challenge to ABC’s broadcast licenses. We hear from media reporter Joe Flint about why Disney sued the government agency, the latest front in the battle between the two that started last year. And there’s a secret word game that Bank of America CEO Brian Moynihan plays with Wall Street analysts. Is your vocabulary as good as his? Try our quiz. Alex Ossola hosts.