US, Iran Prepare for Weekend Peace Talks; Bessent Discusses Anthropic | Bloomberg Brief 4/10/2026

US and Iran will hold high-stakes peace talks this weekend, causing investor caution after a seven-day equity rally as markets await potential geopolitical shifts and upcoming CPI inflation data. Ukraine’s lead negotiator reported progress in peace discussions with Russia, signaling possible easing of the prolonged conflict amid broader diplomatic efforts. Treasury Secretary Scott Bessent and Fed Chair Jerome Powell convened with major bank CEOs to assess financial risks tied to Anthropic’s latest AI model, highlighting regulatory concerns over advanced AI systems. JPMorgan’s Priya Misra warned that upcoming CPI data could dictate Fed policy moves, with inflation trends remaining a critical factor for market stability and economic outlook. Equity futures fluctuated as traders balanced geopolitical developments, AI-related financial risks, and inflation expectations, reflecting broader uncertainty in global markets.