In the News: Investment News

U.S. policy makers may only introduce credible fiscal reform once the bond market forces action, portfolio manager Axel Merk tells Investment News

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'We can fix our problem once the will is there, but political realities won't allow it,' Mr. Merk said. Unfortunately, he believes that politicians will only listen when the bond market changes its mind. And since the bond market is still showing an appetite for U.S. debt, not much is likely to happen soon, he believes…"