Interest rates unlikely to spike any time soon: Blackstone exec

Blackstone is one of the world's largest credit-focused asset managers, with some US$180 billion in assets under management. PHOTO: REUTERS
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SINGAPORE - While central banks are moving towards a tightening bias, they will not do so in a manner which will see interest rates spike and put economies at risk.

Mr Dwight Scott, global head of credit markets at Blackstone, sees interest rates rising but not to historically high levels.

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