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Higher-for-Longer Rates Are Boosting Public Markets, Sycamore’s Okada Says

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Higher-for-longer interest rates are making public markets more attractive than their private peers, Sycamore Tree Capital’s Mark Okada said Thursday on Bloomberg Television.

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U.S. Fed minutes show officials rally around higher-for-longer ratesU.S. Federal Reserve officials earlier this month coalesced around a desire to hold interest rates higher for longer and “many” questioned whether policy was restrictive enough to bring inflation down to their target.
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