Federal Reserve officials said they continue to see the U.S. economy in recovery mode, with several noting they aren’t concerned about the recent rise in long-term bond yields and see no need to use monetary policy to push against it.
source https://www.wsj.com/articles/fed-officials-upbeat-on-outlook-bond-yield-rise-not-source-of-concern-11614289644?mod=pls_whats_news_us_business_f
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