Despite the rally in Treasuries, Peter Fisher, who oversees $1 trillion in fixed income for Blackrock, says it’s not time just yet to talk of a bubble. In an interview with Henny Sender, FT’s International Financial Correspondent, Fisher also discusses possible defaults in the muni market, the right direction for fiscal policy and the prospects for Europe.
Click here or on the image below to view the clip.
Fisher also played long-short – click here.
Source: Financial Times, August 1, 2010.
