Patterson: Congress Needs a More Fiscally Sustainable Path

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• BloombergLean L·1h ago

  Patterson: Congress Needs a More Fiscally Sustainable Path

  Rebecca Patterson, Senior Fellow at CFR and former Chief Investment Strategist for Bridgewater Associates, lays out four ways to bring down long-term bond yields: open the Strait of Hormuz, address the fiscal deficit, Treasury intervention, or an economic slowdown that no one wants. Patterson adds that Congress needs to find a more fiscally sustainable path. She speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg’s "Balance of Power." (Source: Bloomberg)

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