Moody’s Analytics’ Mark Zandi says the rise in the U.S. 10-year Treasury yield is a key test of the economic outlook, as higher rates can sharpen risks and complicate policy. He has also warned the Fed risks a policy mistake as growth stays near 2%.
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Moody’s Analytics’ Mark Zandi says the rise in the U.S. 10-year Treasury yield is a key test of the economic outlook, as higher rates can sharpen risks and complicate policy. He has also warned the Fed risks a policy mistake as growth stays near 2%.
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