'Many' Fed officials think higher rates will be needed if inflation stays high
Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month showed
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 —