Surveillance: Peak Yields with Rajappa
Bloomberg Surveillance
00:00
The Fed's Curve Disinversion
The Fed is expected to raise interest rates again on May 3. John Defterios says we've probably seen peak inversion of the yield curve. He believes foreign investors will continue to bid for bills, notes and bonds. The market tends to be very volatile during this sort of cycle because you don't know how things are going to pan out.
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Transcript
