# Prof. Nouriel Roubini discusses the impact of higher interest rates on bonds

1 Faculty News May 12, 2015 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](http://www.cnbc.com/id/102672961) -- "Bond investors shouldn't expect a 'rate riot or rate rage' when the Federal Reserve begins to raise interest rates because the central bank has already telegraphed what it is going to do, economist [Nouriel Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini) said Tuesday. 'It's not going to be a significant surprise. As the economy recovers, as inflation goes higher, gradually long-term interest rates are going to go higher,' said the co-founder and chairman of Roubini Global Economics, also known as 'Dr. Doom.'"

[Read more](http://www.cnbc.com/id/102672961)

Additional coverage appeared on [NBCNews.com](http://www.nbcnews.com/watch/cnbc/roubini-art-indicative-of-high-asset-prices-444188227652).