Money Talks: Higher for longer

Higher interest rates are here to stay—or at least that's what the bond investors seem to think. The US yield curve currently indicates that the Federal Reserve will keep rates at close to 5% for years to come. What has convinced investors borrowing costs can remain so high? And if they're right, what does it mean for the economy?  Hosts: Alice Fulwood, Tom Lee-Devlin and Mike Bird. Guests: Mike Cudzil, a portfolio manager at Pimco; and economist Catherine L Mann.