Viewing Higher Fed Rates as an Economic Positive

John Manley, chief equity strategist at Wells Fargo Funds Management, examines what Federal reserve Chair Janet Yellen's Jackson Hole remarks mean to investors, explains why higher Federal Reserve interest rates are a positive for the economy, and offers his take on markets at near-record highs. He speaks on "Bloomberg Markets." (Source: Bloomberg)

HSBC's Major Sees Year-End U.S. 10-Year Yield at 1.9%
49:41 - Steven Major, global head of fixed income at HSBC, examines the message of the latest FOMC minutes and explains his call for a U.S.10-Year yield at 1.9 percent by year's end. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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