The Big Bond Selloff!
Patrick Boyle On Finance
00:00
The Impact of Higher Interest Rates on Various Stakeholders
This chapter discusses the effects of higher interest rates on investors, consumers, businesses, financial institutions, and pension funds. It explains how higher bond yields are causing anxiety for investors and affecting consumers' mortgage rates, credit card rates, and car loans. It also highlights the historical performance of financial firms in higher interest rate environments and the positive effect on defined benefit pension funds.
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