{"id":39553,"date":"2013-12-12T06:56:35","date_gmt":"2013-12-12T11:56:35","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=39553"},"modified":"2013-12-12T07:01:52","modified_gmt":"2013-12-12T12:01:52","slug":"schwarzman-says-blackstone-sold-long-fixed-rate-holdings","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2013\/schwarzman-says-blackstone-sold-long-fixed-rate-holdings.html","title":{"rendered":"Schwarzman Says Blackstone Sold Long Fixed-Rate Holdings"},"content":{"rendered":"<p>Bloomberg &#8211; Blackstone Group LP co-founder Steve Schwarzman said his firm sold most long-dated fixed-rate investments and moved to floating-rate investments as interest rates start to rise.<\/p>\n<p>\u201cWe exited almost all of our long-duration fixed-rate investments probably four or five months ago,\u201d Schwarzman said at Goldman Sachs Group Inc.\u2019s financial services conference today in New York. \u201cIt\u2019s probably a better bet that interest rates will be going up rather than down and we don\u2019t want to give back profits from loss of principal.\u201d<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-12-11\/schwarzman-says-blackstone-sold-most-fixed-rate-holdings.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Blackstone Group LP co-founder Steve Schwarzman said his firm sold most long-dated fixed-rate investments and moved to floating-rate investments as interest rates start to rise. \u201cWe exited almost all of our long-duration fixed-rate investments probably four or five [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-39553","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=39553"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39553\/revisions"}],"predecessor-version":[{"id":39555,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/39553\/revisions\/39555"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=39553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=39553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=39553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}