Hard to See What Can Stop Upward Trend in Yields, BNP Paribas Says

Isabelle Mateos y Lago, group chief economist at BNP Paribas, discusses concerns over ballooning US fiscal deficits and persistent inflation which sent long-dated yields to multi-decade highs last week. Speaking on Bloomberg Television, she also looks ahead to Federal Reserve… Isabelle Mateos y Lago, group chief economist at BNP Paribas, discusses concerns over ballooning US fiscal deficits and persistent inflation which sent long-dated yields to multi-decade highs last week. Speaking on Bloomberg Television, she also looks ahead to Federal Reserve Chairman Kevin Warsh's Jackson Hole speech on Friday. (Source: Bloomberg)