Hard to See What Can Stop Upward Trend in Yields, BNP Paribas Says
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Isabelle Mateos y Lago, group chief economist at BNP Paribas, discusses concerns over ballooning US fiscal deficits and persistent inflation which sent long-dated yields to multi-decade highs last week. Speaking on Bloomberg Television, she also looks ahead to Federal Reserve Chairman Kevin Warsh's Jackson Hole speech on Friday.