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Top Fed officials nod to higher bond yields as cause for caution on rates
Video Credit: Rumble
Published on October 10, 2023 - Duration: 02:22s
Top Fed officials nod to higher bond yields as cause for caution on rates
Leading Federal Reserve officials suggested on Monday that the increasing yields on long-term U.S. Treasury bonds, which have a direct impact on borrowing costs for both households and businesses, might deter the Fed from pursuing additional hikes in its short-term policy rate.
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