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Podcast: Bloomberg Talks
Episode: BlackRock Vice Chairman Philipp Hildebrand Talks Term Premiums Emerging in US Bonds
Description: Most countries have accumulated âhuge debt loads that weigh on the entire system,â according to BlackRock Vice Chairman Philipp Hildebrand, who said there's a sense that rates are edging up. Hildebrand added that "sustained higher growth would be the best way to deal with the debt and deficit problems in combination with reasonable budgetary policyâ. In an interview on The Pulse with Francine Lacqua, Hildebrand said "the last thing you want is questions around the sanctity of the sovereign signatureâ. When Moodyâs Ratings downgraded the US in the middle of May â becoming the last of the three big credit rating co...