US Treasury yields skyrocket, FOMC agenda highlights confrontation with high prices-Bloomberg

US Treasury yields soared yesterday following the announcement of the agenda of a meeting held last month by the Federal Open Market Committee (FOMC). It has become clear that the authorities are aggressively tightening to prevent inflation from becoming established.

In the agenda of the June meeting, authorities said, “If inflation pressures continue,More restrainingIt was shown that officials see the possibility of taking action. This has increased the selling pressure on US Treasuries. Yields on 2-year and 3-year bonds, which are relatively sensitive to monetary policy, rose by more than 18 basis points (bp, 1bp = 0.01%) on this day alone, putting them back in the 3% range.

Federal Reserve Board (FRB) Headquarters in Washington

Photographer: Al Drago/Bloomberg

FOMC agenda, “more restrained” interest rates possible-if inflation continues

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