# Professor Michael Spence is interviewed about US treasury yields and global systemic risk

1 Faculty News May 16, 2018 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](https://www.bloomberg.com/news/videos/2018-05-16/konstam-spence-on-u-s-yields-global-economic-data-video?cmpId=yhoo.headline&yptr=yahoo) -- "The world has become much more data-dense...so we basically, in the data now, see a lot more than we used to before so there is less guesswork involved. That's an important long-term trend. The thing it seems to me that you don't see in the data is the potential for rising systemic risk associated with trade frictions and other things..."

[Watch the video](https://www.bloomberg.com/news/videos/2018-05-16/konstam-spence-on-u-s-yields-global-economic-data-video?cmpId=yhoo.headline&yptr=yahoo)