Kochugovindan: US Growth Resilient Despite Energy Shocks

Weak demand at a Treasury auction is the bond market's polite way of saying it doesn't trust the borrower.

Global bonds were selling off again as traders ramped up bets on further Fed rate hikes after strong US economic data and weak demand at a Treasury auction pushed yields to multi-decade highs. Sree Kochugovindan, Senior Research Economist at Aberdeen Investments spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa on the US growth. (Source: Bloomberg)

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