Rosenberg says one Fed hike isn't the mistake, five would be

(Kitco News) - At a level not seen since before the 2008 Great Financial Crisis, the U.S. 10-year Treasury yield has broken above 5% as markets prepare for higher interest rates. Looking ahead, famed economist David Rosenberg says the bigger risk isn't Wednesday's expected Federal Reserve rate hike; it's the series of hikes the market has started pricing in beyond it.