U.S. Treasury yields rose on Wednesday morning, amid investor concerns around the omicron variant and the Federal Reserve’s plans to potentially taper faster than expected. The yield on the benchmark 10-year Treasury note climbed 6 basis points to 1.5005% at
Tag: taper
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