Fed’s Waller Says Higher Yields Could Help Fed Cool Demand
Federal Reserve Governor Christopher Waller said the surge in long-term US Treasury yields is helping to curb demand in interest-rate-sensitive sectors such as housing and automobiles, doing some of the work of tighter monetary policy.
Reports & sources
Bloomberg
Fed’s Waller Says Higher Yields Could Help Fed Cool Demand (opens Bloomberg)Bloomberg's feed description
Breitbart News
Fed Governor Waller: Higher Bond Yields Reflect Stronger Growth Not Inflation (opens Breitbart News)Breitbart News's feed description