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Bloomberg Wealth with David Rubenstein Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators.
Subscriber OnlyMarketsThe Flatter U.S. Yield Curve Is Roiling Mom and Pop InvestorsWall Street sold millions of dollars of ‘steepener’ productsCoupons on some fall to below 1 percent on U.S. curve painInvestors weigh the implications of the 10-year treasury yield hitting 3 percent.(Source: Bloomberg)ByYakob Peterseil+FollowApril 26, 2018, 12:27 PM UTCUpdated onApril 26, 2018, 10:18 PM UTCAs the yield curve flattened to the lowest in more than a decade, the fallout spread beyond the realms of high finance and central banking.It also caused the value of hundreds of millions of dollars worth of debt -- often held by retail investors -- to evaporate.
