High Yields Doing Some Heavy Lifting For The Fed

With UST yields close to 5%, does this mean that there is less pressure for the Federal Reserve to raise rates at the last two FOMC meetings for the year? Joe Quinlan, Chief Market Strategist at US Trust-BOA Private Wealth Management tells us whilst weighing in on what is the ideal asset allocation for these volatile markets.Image credit: Shutterstock.comSee omnystudio.com/listener for privacy information.