Rising Treasury Yields Risk Crisis Seen Under Truss, Apollo’s Slok Says
- Chief economist compares markets today to the turmoil of 2022
- He warns stock markets will feel the pain of higher yields
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Treasury yields have been rising so fast that there’s a risk of bond market turmoil resembling the upheaval that led to the resignation of then British Prime Minister Liz Truss, according to Apollo Global Management’s Torsten Slok.
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