Bond yields are on the rise Getty Treasury yields hit new highs last week, with 10-year yields hitting 3.86% and two-year reaching 4.6% The highs come after data on labor and prices showed the US econ...
Tag: St. Louis Fed
Fed’s Bullard Raises Target for Year-End Funds Rate
Federal Reserve Bank of St. Louis President James Bullard said Friday that unexpectedly high inflation calls for a more aggressive path of short-term interest rate rises this year. Inflation “has come...
Fed’s James Bullard Says 0.75-Point July Rate Rise Is Likely
Federal Reserve Bank of St. Louis President James Bullard said he is ready to follow the U.S. central bank’s supersize June rate rise with the same thing at the end of this month. “Our goal has been t...