kingworldnews.com / December 12, 2016
As we kick off the third week of trading in December, today James Turk told King World News that central banks are finally losing control of global markets.
Central Banks Are Losing Control
James Turk: “Everybody needs to be focusing on what is happening with interest rates, Eric. The yield on the 10-year Treasury Note is flirting with 2.50%. The last time we saw a yield that high was over two years ago. But rising yields are not just happening in the US. Yields are rising in Europe and Asia too. The upward pressure on interest rates is global, and more to the point, central banks are losing control…
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