Surveillance: Earnings Story with Wilson
Bloomberg Surveillance
00:00
Risk Assets Reacted to the Fed's Halo Message
Since Jackson Hall, yields have soared particularly at the front end where they were almost at zero earlier this month. Risk assets do not love higher yields that are not supported by strong growth. The Fed is trying to get the economy in a position where inflation comes down then it can take its foot off the break and allow growth to go back up. We think we're years from that.
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Transcript
