"I think the concern over rising interest rates is ahead of itself because I think inflationary fears themselves might be premature."

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I think the issue that millennials have is that the return on asset classes such as bonds, cash, are so low now compared to the historical levels that it's very difficult for them to save enough to be able to retire comfortably. If interest rates do trend back upwards, it may be less of a problem going forward.

— Martin Gilbert