Bond Markets Signal to Fed That Interest Rates May Need Further Increases
The bond market is signaling that current interest rates may not be high enough as the 2-year Treasury yield rose above 4.1%, and the 10-year yield approached 4.7%. JPMorgan CEO Jamie Dimon warned of further rate increases, while recent data shows rising inflation due to higher energy prices and resilient consumer spending.
Topics: Federal Reserve policy inflation interest rates Treasury yields