DBS CEO Warns of Stock Correction, Rise in Bond Yields

Mar.08 — DBS Group Holdings Ltd. Chief Executive Officer Piyush Gupta says he thinks a sharp correction for global equities is overdue. In a wide-ranging interview at the AmChams of Asia-Pacific Business Summit, Gupta and Bloomberg’s Haslinda Amin started by discussing the bond market, and the significance of the U.S. 10-year yield surpassing the 1.5% mark.