BlackRock: One Reason Rates are Likely to Remain Low for Long
October 20, 2014 at 07:00 AM EDT
While I believe that the Federal Reserve (Fed) is likely to begin raising rates sooner than the market expects, rates are still likely to be low for long. What do I mean by that? I expect that the pace of rate normalization will be slower than in past hiking cycles and more importantly, that the...