Treasury yields are mixed following Fed decision

US Treasury yields were mixed on Thursday morning, as investors continued to digest the Federal Reserve’s latest policy update. The yield on the benchmark 10-year Treasury note rose by less than basis point to 1.8495% at 3:45 am ET. The yield on the 30-year Treasury bond fell by 2 basis points to 2.1413%. Yields move … Read more

Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says

US Federal Reserve Chairman Jerome Powell attends his re-nomination hearing at the Senate Committee on Banking, Housing, and Urban Affairs on Capitol Hill, in Washington, US, January 11, 2022. Graeme Jennings | Reuters Accelerating inflation could cause the Federal Reserve to become more aggressive than economists expect in the way it raises interest rates this … Read more

Fed’s Harker calls for ‘action on inflation,’ sees 3 or 4 rate hikes

Philadelphia Fed President Patrick Harker said Thursday that he expects three or four rate hikes this year likely to fight inflation. His reasoning, outlined in a live interview on CNBC’s “Closing Bell,” aligns with the Federal Open Market Committee’s policy-making estimates released in December. But while officials then identified the possibility of three-quarters of a … Read more