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Markets Are in 'La La Land,' State Street's Heinel Says

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State Street Investment Management Global Chief Investment Officer Lori Heinel discusses the limited impact of Treasury Secretary Scott Bessent's bond buyback announcement, describing it as a short-term measure unlikely to alter the upward trajectory of bond yields. She speaks on "Bloomberg Open Interest."

State Street Investment Management Global Chief Investment Officer Lori Heinel discusses the limited impact of Treasury Secretary Scott Bessent's bond buyback announcement, describing it as a short-term measure unlikely to alter the upward trajectory of bond yields. She speaks on "Bloomberg Open Interest." (Source: Bloomberg)
La La Land (LOCATION) Heinel (LOCATION) State Street Investment Management Global Chief Investment (ORG) Lori Heinel (PERSON) Treasury (ORG) Scott Bessent's (PERSON)
Originally published by Bloomberg Markets Read original →