Here's your summary from South Africa Election in Focus, Saudi Arabia plans $10bn Aramco Offer | Markets Today 05/30/2024 (https://www.youtube.com/watch?v=nD3mPkQECqE) on the Bloomberg Television channel:
**TLDR:** Traders are bracing for fallout as U.S. yields shift, Salesforce plunges, and Saudi Arabia plans a $10 billion Aramco offer.
1. Traders are preparing for fallout as U.S. yields shift and Salesforce experiences a plunge in extended trading.
2. Saudi Arabia is planning a $10 billion Aramco offer, aiming to raise funds for reinvestment in the Saudi economy.
3. Concerns are raised about the implications of higher for longer U.S. yields on private credit and asset valuations.
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