Growth Prospects 'Not Great' For UK: Slok

🎬 Growth Prospects 'Not Great' For UK: Slok
Torsten Slok, chief economist at Apollo, joins Scarlet Fu on "Bloomberg Real Yield." They discuss the rise in UK yields as the 10-year sits at the highest level since May.
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➤ Chief economist Torsten Slok expresses concerns about the UK's growth prospects, citing high yields and persistent inflation pressures.
➤ Private credit markets are experiencing stress, particularly in the software sector, due to AI disruption, high leverage, and rising interest rates.
➤ Upcoming economic events, including central bank meetings and hyperscaler earnings, alongside geopolitical risks in the Middle East, are expected to contribute to market volatility.

#private credit #UK economy #interest rates #inflation #AI disruption #leverage #Middle East conflict #US economy #GDP #consumer spending #CapEx #software sector #data centers #hyperscalers

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