BlackRock’s Rick Rieder Turns Cautious on US Stocks, Warns $40 Trillion Debt Is Becoming a ‘Compounding…Problem’
BlackRock’s Rick Rieder warns of a $40T US debt problem, but calls 5% Treasury yields a prime buying opportunity for bond investors.
Economy · News reference
Peter Schiff Says Treasury Yields Are Headed Higher After 19-Year High, Mohamed El-Erian Warns Housing Could Feel the Pain
Economists Peter Schiff and Mohamed El-Erian flagged the 30-year Treasury yield's climb, warning of pressure on housing and borrowing costs.
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