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Timiraos: Higher long-end yields likely to extend Fed pause
WSJ Fed whisperer Nick Timiraos is out with his latest.a run-up in long-term interest rates might substitute for a further central bank rate hikeif the run-up in the 10-year Treasury yields to their highest levels since 2007 persists, those increases could substitute for additional rises in the fed-funds rate.Timiraos cites Logan's comments yesterday and her shift to a more-neutral stance from her previous hawkish leanings. The market has already sniffed this shift out with only a 30% chance of...
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Posted: Oct 10 2023, 17:58
Author Name: forexlive
Views: 112413