Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building on Wednesday, October 6, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images There may be plenty of reasons
Tag: Fed
Treasury yields are mixed, with geopolitical tensions and Fed minutes in focus
U.S. Treasury yields were mixed on Wednesday morning, as investor focus remained on geopolitical tensions, along with economic data releases. The yield on the benchmark 10-year Treasury note saw little movement, standing at 2.0469% at 4:40 a.m. ET. The yield
Vote on Biden Fed picks delayed as GOP presses for answers on Raskin’s ties to firm
Chairman Sherrod Brown (D-OH) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, September 28, 2021.
Bullard says the Fed needs to ‘front-load’ tightening because inflation is accelerating
St. Louis Federal Reserve President James Bullard made his case for a rapid move higher in interest rates, saying Monday that the central bank needs to react to accelerating inflation. “I do think we need to front-load more of our
Powell says Fed will discuss speeding up bond-buying taper at December meeting
Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hybrid hearing on oversight of the Treasury Department and the Federal Reserve on Capitol Hill in Washington, U.S., November 30, 2021. Elizabeth Franz | Reuters Federal Reserve Chairman Jerome
10-year Treasury yield falls as investors digest Fed decision
U.S. Treasury yields fell on Thursday as investors continued to digest the Federal Reserve’s announcement that it will begin to taper its bond purchases. The yield on the benchmark 10-year Treasury note fell by 5 basis point to 1.53%. The