Surveillance: Global Market Selloff (Podcast)
Bloomberg Surveillance
00:00
The Two Year Treasury Yield Is Up 61 Basis Points
The two year treasury yield is up 61 basis points in the month of june. Stephen whiting: If they're going to do 75 it's better to do it sooner than later, when policy is still at a very low interest rate. The mistake that was made was easing in a boom last year and i think o again, trying to satisfy the market and short term inflation outcomes might be the wrong approach.
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