Jack Ablin warned that once US Treasury yields break above 5%, the resulting pressure may take 12 to 18 months to fully materialize. The comment highlights concerns over the lagged impact of elevated borrowing costs on markets and the economy.
Jack Ablin warned that once US Treasury yields break above 5%, the resulting pressure may take 12 to 18 months to fully materialize. The comment highlights concerns over the lagged impact of elevated borrowing costs on markets and the economy.