Exencial’s Courtney: U.S. Rates to Bounce Back

(Bloomberg) -- The Federal Reserve needs to take action to whittle down its balance sheet, says Tim Courtney, CIO at Exencial Wealth Advisors, which oversees $1.7 billion in assets. He told Daybreak Europe’s Caroline Hepker and Markus Karlsson that U.S. rates are likely to bounce back after slipping in recent weeks.

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