All of a sudden, the prospect of US rates hitting 6% is becoming real enough for investors to rethink their strategies.
BlackRock Inc. and Schroders Plc are among those who are weighing in on the debate of what will happen if US rates peak at 6%. As late as end-February, investors across bonds, stocks and currency markets were still calling for an end to higher rates with expectations for a broad rally in the second half.
Source: Bloomberg
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