Subscribe To
Fed’s Daly points to rising yields and diminishing need for rate hike

San Francisco Fed President Mary Daly weighed in on the implications of the recent spike in the benchmark 10-year Treasury note yield, which marked a 16-year peak at 4.8%. “If financial conditions… remain tight, the need for us to take further action is diminished,” she said yesterday, adding that the role of the financial markets […] The post Fed’s Daly points to rising yields and diminishing need for rate hike appeared first on Action Forex...
Read More
Posted: Oct 6 2023, 00:51
Author Name: actionforex
Views: 082864