BlackRocks Fink Sees 10-Year Treasury Yields at 5% or Higher [EvMQoJjUHwb]

BlackRock CEO Larry Fink says 10-year Treasury yields are likely to keep rising. "My opinion is we're going to have 10-year rates at least at 5% or higher because of this embedded inflation. This structural inflation is unlike anything. And I think business leaders and politicians are not providing the foundation to help explain this," Fink said during a conversation with Bloomberg's Dani Burger at the Berlin Global Dialogue forum. Read more on Bloomberg.com -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram: