Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed has restrictive rate policy but not a restrictive balance sheet, says Jefferies' David ZervosDavid Zervos, chief market strategist at Jefferies, and CNBC's Rick Santelli join 'The Exchange' to discuss the rise in yields being driven by term premiums, the prospect of the Fed changing its balance sheet policy, and the need for Fed policy to be further restrictive.
Persons:
Jefferies, David Zervos David Zervos, Rick Santelli
Organizations:
Fed, Jefferies