High Yields Doing Some Heavy Lifting For The Fed
Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
10-Oct-23 07:00
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With UST yields close to 5%, does this mean that there is less pressure for the Federal Reserve to raise rates at the last two FOMC meetings for the year? Joe Quinlan, Chief Market Strategist at US Trust-BOA Private Wealth Management tells us whilst weighing in on what is the ideal asset allocation for these volatile markets.
Image credit: Shutterstock.com
Produced by: Mike Gong
Presented by: Shazana Mokhtar, Wong Shou Ning, Keith Kam
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Tags: ust yields, federal reserve, oil prices, us economy,