Jan 10, 2025
Bond Selloff Exposes ‘Vulnerability’ in Markets, El-Erian Says
(Bloomberg) -- A resilient labor market signals the US is leading the global economy, and high US bond yields put pressure on others like the UK, according to Mohamed El-Erian. Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeUS Treasuries sold off across the curve, s