Source: Kitco News Agency
1 week ago
General Medium Importance
Rosenberg says one Fed hike isn't the mistake, five would be

Rosenberg says one Fed hike isn't the mistake, five would be

At a level not seen since before the 2008 Great Financial Crisis, the U.S. 10-year Treasury yield has broken above 5% as markets prepare for higher interest rates. Looking ahead, famed economist David Rosenberg says the bigger risk isn't Wednesday's expected Federal Reserve rate hike; it's the series of hikes the market has started pricing in beyond it.
Source: Kitco
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