Surveillance: Banking Jitters with Roubini
Bloomberg Surveillance
00:00
Do You Think That It's Time to Pause?
After what we saw develop in the United States last week, the focus quickly went back on duration risk. I think given the losses you've seen in treasuries over the last 12 months, people just instantly said, wait a minute. What about Europe and what we've seen develop there in the last year? Yeah, look, I think, you know, this is a huge wake up call. It's a wake up call, however, that shouldn't be a brand new thing. But I do think that the systemic connection of them is very different than in 2008, 2007, 2008.
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