High-Grade Munis Now a Gift in Bond Rout: Kotok

David Kotok, chairman and chief investment officer at Cumberland Advisors, and Bloomberg's Michael McKee examine higher bond yields and the impact of infrastructure spending on municipal bonds. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Vanguard's McNabb on China Expansion, U.S. Markets
56:22 - Bill McNabb, chief executive officer at Vanguard Group Inc., talks about the firm's expansion in China and his concerns about the U.S. market as he sees it fully valued at this time. He speaks with Bloomberg's Tom Mackenzie on "Bloomberg Markets: European Open." (Source: Bloomberg)
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