Morning Star
With central bankers uncertain about the economic outlook, "a frozen, uncertain Fed risks higher inflation and higher market rates as a result," according to chief economist Chris Low of FHN Financial in New York.
With central bankers uncertain about the economic outlook, "a frozen, uncertain Fed risks higher inflation and higher market rates as a result," according to chief economist Chris Low of FHN Financial in New York.
Increased Treasury supply, the acknowledgement that the Fed will keep rates higher for longer and the fact the stock market is performing well are pushing yields higher, said Will Compernolle, macro strategist at FHN Financial in New York.