The surge in Treasury yields this week caught a lot of investors off-guard, triggering a bout of volatility in the stock market. Amanda Agati, chief investment strategist for PNC Financial Services Group, shares how government spending packages are affecting interest rates. She also discusses how she looks at alternative high-frequency economic data and why she’s bullish on emerging markets.
Mentioned in this podcast:
In a Flash, U.S. Yields Hit 1.6%, Wreaking Havoc in Markets
GameStop’s Reddit-Driven Roller-Coaster Rages On as Volume Soars
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