Business & Economy · 3 views
Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC
In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken "a step too far" with its market intervention.
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Economist Mohamed El‑Erian told CNBC that the ongoing global bond sell‑off is probably not finished. He added that the U.S. Treasury’s recent market intervention went “a step too far,” implying it may have worsened market conditions.
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