Here's your summary from Bonds Rally on Weak US Data; India Counts Votes | Bloomberg: The China Show 6/4/2024 (https://www.youtube.com/watch?v=UmEjdoEpL5M) on the Bloomberg Television channel:

### TLDR:

Asian bonds rally on weak US data, India counts votes with Modi likely to win a third term.

### Key Points:

1. Asian bonds track gains in US treasuries due to weak factory data, boosting Fed rate cut bets.

2. Toyota shares dip as authorities raid headquarters over safety scandal, suspending sales.

3. India's official vote counting begins, with exit polls suggesting a third term victory for Prime Minister Modi.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

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