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Fed’s Barkin: Swings in long-term Treasury yields not a useful variable for deciding interest-rate policy

Por: MarketWatch Politics November 09, 2023

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The yield on the 10-year Treasury topped 5% before sliding after the Fed meeting in early November. Barkin added he doesn’t ignore bond rates, but tries to take a more “holistic” view of financial conditions. “Have they loosened since the last meeting? Sure,” Barkin said. “Where will they be at the next meeting, I have no idea.” In his talk, Barkin said he expects the economy will experience “some sort of slowdown” in coming... + full article



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