Long bonds could face more pressure as rates rise -BlackRock's Rieder

NEW YORK, June 13 (Reuters) - BlackRock Inc's chief investment officer of global fixed income, Rick Rieder, on Wednesday said he can foresee greater price deterioration in bonds and other investments affected by longer-term interest rates.

Read more...
Positive 0 LOL 0 Interesting 0 Sad 0 Revolting 0 Fake 0

See also

Cyclone Trevor: far-north Queensland areas face days without power

Trees and powerlines torn down across Cape York while reintensifying storm threatens to hit Northern TerritoryTwo remote far-north Queensland communities could be completely without electricity for days after Cyclone Trevor tore down trees and power lines...

0 0

Asylum seekers returned from Mexico plead to stay in U.S.

Three asylum seekers due to be returned to Mexico after appearing in U.S. immigration court on Tuesday asked officials to let them stay in the United States because they feared for their safety while waiting out the process in Mexico.

0 0

My f*k, ANC!

The central message from the president is that there is a new sheriff in town who will not tolerate any corruption. The problem is that this is starting to sound pretty hollow, writes <strong>Melanie Verwoerd</strong>.

0 0

Whoops, looks like something went wrong.