Near-Term Bond Yields Will be Held Low, Says Watson
Foreign central banks, which poured into U.S. government debt after the global financial crisis, are changing tack. Holders like China and other central banks culled their stakes. The drop coincides with the recent backup in U.S. bondyields, which have been rising since July. BlackRock Global Fixed Income Strategy Marilyn Watson discuss with "On the Move" host Guy Johnson.