Fed’s Message is Important, but Market Also Disturbed by Spike in Short-Term Rates in China, Says Market Vectors’ Fran Rodilosso

NEW YORK--(BUSINESS WIRE)--While the market’s main focus continues to be on yesterday’s Federal Open Market Committee (FOMC) comments and another move higher in U.S. interest rates, the spike in short-term lending rates in China has also been causing concern, according to Fran Rodilosso, Fixed Income Portfolio Manager at Market Vectors ETFs.