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US Economy Can Withstand Two Rate Hikes, Says UBS’s Reiman
Source: Bloomberg
Interest Rates & YieldsMonetary PolicyFiscal Policy & BudgetCredit & Bond MarketsAnalyst Insights
UBS Global Wealth Management fixed-income head Kurt Reiman said several factors beyond the U.S. fiscal deficit are driving bond yields higher. He expects the Federal Reserve to raise interest rates twice this year, a hawkish outlook that implies continued upward pressure on borrowing costs and bond prices.
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