BlackRock's Fink Sees 10-Year Treasury Yields at '5% or Higher'
September 29, 2023
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2:38Now PlayingBlackRock's Fink Sees 10-Year Treasury Yields at '5% or Higher'
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as posted by the channelBlackRock CEO Larry Fink says 10-year Treasury yields are likely to keep rising. "My opinion is we're going to have 10-year rates at least at 5% or higher because of this embedded inflation. This structural inflation is unlike anything. And I think business leaders and politicians are not providing the foundation to help explain this," Fink said during a conversation with Bloomberg's Dani Burger at the Berlin Global Dialogue forum.
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