Hassett: Higher Long-Term Rates Signal Economic Strength
National Economic Council Director Kevin Hassett says higher long-term rates can reflect underlying economic strength and that the government’s debt-interest burden is unacceptably high.
Original · Bloomberg AI summary of public reporting
Why: Higher rates reflect economic strength
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At publication → Currentpara:10Y— → ——
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SP5007,721 → 7,812+1.2%