Surveillance: Bonds are Back, says Schneider
Bloomberg Surveillance
00:00
How to Unwind Your Short Bet on Rates
Kaita Kamiske: There's been a magnificent trend of higher yield. If central bankers step back like we saw yesterday and say, "We're going to tolerate more inflation," you'll see steepening of the curve. Kaita: That means longer-term yields are going to have to go up to compensate for that risk over longer terms. The challenge is getting your hands on the refund money.
Play episode from 26:52
Transcript
