Crescenzi Sees Risk in Longer End of Yield Curve

Sept. 18 (Bloomberg) -- Tony Crescenzi, a strategist at Pacific Investment Management Co., talks about Federal Reserve policy, inflation targeting and the outlook for the U.S. bond market and economy. Crescenzi speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Prudential Reports Decline In New Business Profit
09:50 - Prudential Plc, the U.K.’s largest insurer by market value, reported a 6 percent decline in new business profit for the first-quarter. CEO Tidjane Thiam – who is leaving to replace Brady Dougan as Credit Suisse Group AG CEO - told Guy Johnson and Francine Lacqua on “The Pulse” that he leaves the company in “good shape.”
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