Treasury Yields Push Higher After Fed Warns of “Pain” Ahead
August 30, 2022 at 11:06 AM EDT
The Federal Reserve is finding that its words are swaying the markets more than ever when it comes to interest rate policy and how to combat inflation these days. Fed Chair Jerome Powell warned of more potential pain ahead as the central bank continued to beat the hawkishness drum, sending Treasury yields higher. “While higher [...] The post Treasury Yields Push Higher After Fed Warns of “Pain” Ahead appeared first on ETF Trends .