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Bloomberg
5% is New 4% in Era of Higher Yields, Says Guneet Dhingra
A new era of elevated borrowing costs is potentially underway as war-driven inflation angst intensifies in the US bond market, sending 30-year yields toward a two-decade high above 5%. Guneet Dhingra, Head of US Rates Strategy at BNP Paribas, discusses the recent yield surge and why 5% may become the new 4%. (Source: Bloomberg)
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