More Federal Reserve officials favored raising interest rates last month than the three who formally dissented, and others signaled they would back an increase if inflation doesn’t improve, according to minutes of the meeting
Minutes of the July meeting revealed more backed raising interest rates than the three who formally dissented.
Treasury buybacks and Fed rate hike signals roil bond market
- Bessent boosts debt buybacks after climb in Treasury yields Financial Post —
- US Treasury to double long-term bond purchases Semafor —
- Dollar Tumbles as Treasury Buyback Unleashes Bond-Market Rally Bloomberg —
- Bond yields plunge after Treasury announces surprise move to ease rising rates NBC News —
- Global bond slump sends long term borrowing costs to highest in decades Business Standard —