Detailed text transcripts for TV channel - MSNBC - 20180206:11:05:00
After having sat at around 2.4% for a long time, have been speaking upward. like that. and they got as high as about 2.85% the day before yesterday. higher interest rates are the enemy of the market. because it gives people another place to put their money and earn a high return. >> and nobody likes, obviously likes higher interest rates. but again money has been basically free for the past 15, 16 years. interest rates have been historically low. and so rising interest rates have to be coming at some point. the market will go down. but that actually gives the fed more option down the road, doe...
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