Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, says the economy is not going to be able to handle these rates, but the Fed will be the last to admit that. Sarah Hunt, Alpine Saxon Woods Chief Market Strategist, says there's room for fixed income in portfolios. Peter Tchir, Academy Securities Head of Macro Strategy, sees concern as people question the trajectory of treasuries. Kevin Tynan, Bloomberg Intelligence, discusses the latest in the EV market, as well as UAW strikes. Rep. Bill Huizenga, (R) Michigan, expects "real trouble" if bond rates continue to go up, as the US govt faces a potential shutdown on November 17th.
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