Oil Remains Primary Risk Driving Higher Rates Says Haworth

Oil is always the primary risk, right up until it's the excuse for the next hike too.

Treasuries fell as anticipation of additional Federal Reserve interest-rate hikes stoked interest in wagers on rising yields for short-maturity debt. Rob Haworth, Senior Investment Strategy Director at U.S. Bank Asset Management joins Bloomberg Businessweek Daily to discuss the markets as well as how the oil is driving rates higher. (Source: Bloomberg)

Read it at Bloomberg Markets ↗

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