RBC’s Cassidy Says There Is `a Huge Bond Bubble’ (Audio)

Gerard Cassidy, an analyst with RBC Capital Markets in Portland, Maine, says "you have to be worried" about banks with holdings of long duration bonds as the threat of higher interest rates increases. Cassidy talks with Bloomberg's Tom Keene and Michael McKee on Bloomberg Radio's "Bloomberg Surveillance."

(Source: Bloomberg)

Running time 12:26

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.