Stocks Climb as Treasury Steps In to Support Bonds
Wall Street staged a rebound after the Treasury said it plans to boost buybacks of longer-dated bonds, a signal the US wants to lower borrowing costs after yields hit multi-decade highs. Lindsay Rosner, Head of Multi-Sector Investing at Goldman Sachs Asset Management, discusses her views on market resilience and global risk premiums. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
