Tag
u.s. debt
2 articles
Fed's 2% Inflation Target Faces Market Skepticism as Fiscal Debt Spirals
Federal Reserve Chair Kevin Warsh reiterated commitment to a 2 percent inflation target, but 30-year Treasury yields jumped to 5.21 percent as investors price in fiscal headwinds and persistent price pressures.
Warsh's Jackson Hole Silence Risks Further Treasury Selling
New Fed chair's refusal to signal rate path leaves bond traders searching for clues as 10-year yields test 2007 highs.