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Mohamed A. El-Erian, president at Queens' College, University of Cambridge, discusses recent economic risks highlighted by the Financial Times. He identifies a growing threat of demand destruction following earlier energy and broad price shocks caused by the war.
Earlier this week, El-Erian reported that the U.S. Treasury issued $25 billion in 30-year bonds at a 5.046 percent yield, citing Financial Times data in a recent note. He also commented that market attention is now on U.S. PPI data after April CPI figures provided new cost and profit information, according to a previous update. These developments continue to shape market expectations around growth and inflation risks.