CEO Larry Fink is cautiously optimistic on the markets. He's optimistic on growth prospects, but warned Thursday that new inflationary pressures could negatively impact stocks.
The 10-year Treasury yield ( US10Y) could retest 5% and potentially hit 5.5% if inflation meaningfully picks up pace, and such moves would “shock” the equity market, Fink told CNBC on Thursday. “There ...
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