Description: Mohamed El-Erian said he’s favoring cash when managing his own money. The idea is catching on in the bond market as benchmark 10-year U.S. yields rise to the highest level since May.

Source: Bloomberg.com – video report

Date: Oct 28, 2016

Link: http://bloom.bg/2e3JFIV

Questions for Discussions:

• What is happening in the global bond markets?
• What are the explanations presented for this situation?
• How are some bonds investors reacting?