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Wolfe flags fiscal pressures facing Treasury ahead of borrowing outlook release

First publishedAug 3, 12:40 UTC
Last updatedAug 3, 17:19 UTC · 7m ago
11 outletInvesting.com · Economy
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Wolfe flags fiscal pressures facing Treasury ahead of borrowing outlook release
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Investing.com - Long-dated U.S. Treasury yields spiked last week following comments from Federal Reserve Chair Kevin Warsh which sparked concerns that the central bank may be falling behind in its attempt to corral energy-driven inflation pressures.

Reported by 1 outlet Investing.com · Economy. See all sources ↓

Investing.com - Long-dated U.S. Treasury yields spiked last week following comments from Federal Reserve Chair Kevin Warsh which sparked concerns that the central bank may be falling behind in its attempt to corral energy-driven inflation pressures. Warsh suggested that financial conditions had tightened, potentially doing some of the work of quelling price gains for the Fed, although he stressed that there was "nothing inertial" about the central bank's policy discussions. Still, the statements were met by a so-called "bear steepening" in the yield curve, with 30-year Treasure yields spiking to a nearly two-decade high.

Read the full report at Investing.com · Economy

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In brief
What's the story?
Investing.com - Long-dated U.S. Treasury yields spiked last week following comments from Federal Reserve Chair Kevin Warsh which sparked concerns that the central bank may be falling behind in its attempt to corral energy-driven inflation pressures.
How widely is it covered?
1 outlet, average source rating 6.0/10.
When was it last updated?
7m ago.
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    Wolfe flags fiscal pressures facing Treasury ahead of borrowing outlook release

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    Investing.com · Economy
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