Economy 'Running Firm', Not Overheating: Roth
Economists suggest the US economy is performing firmly rather than overheating. Meanwhile, US Treasury yields recently reached their highest levels since 2002.
Stephanie Roth, chief economist at Wolfe Research, and Guneet Dhingra, head of US rates strategy at BNP Paribas join Emily Graffeo on "Bloomberg Real Yield." US Treasuries rebounded from the global bond selloff that raced through European markets on Thursday. Earlier in the day, US 10-year yield surged to the highest level since 2002. (Source: Bloomberg)
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