Lutnick expects U.S. rates to fall over next six months
Commerce Secretary Howard Lutnick said economic growth and a reduction of the U.S. deficit could drive down interest rates over the next six months. He is not concerned about a recent rise in Treasury yields.
By Joseph De AvilaCommerce Secretary Howard Lutnick said he expects economic growth and a reduction of the U.S. deficit to drive down interest rates over the next six months.Lutnick told CNBC's Squawk Box he wasn't concerned about the recent rise in Treasury yields.
He said tariff revenue would soo…