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Grossman Sees Risk of `Scary' Surge in Yields Topping 7%
Posted
October 29, 2024
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1:27Now PlayingNeil Grossman, co-founder of TKNG Capital, warns that the US may risk a repeat of the Treasury selloff that followed the 1992 US presidential election, when 10-year yields topped 7%. That kind of sharp steepening in the yield curve is a "very scary outcome," Grossman says on "Bloomberg Open Interest."
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