Federal Reserve's Logan: The yield on U.S. Treasury bonds is rising, with the latest yield on 10-year U.S. bonds increasing to 4.043%
The latest statement from the Federal Reserve's Logan indicates that U.S. Treasury yields are rising, with the 10-year Treasury yield recently increasing to 4.043%.
Previously, Logan of the Federal Reserve stated that there is a significant risk of inflation potentially remaining above 2%, and there is still "significant uncertainty" in economic prospects, so a gradual path of interest rate cuts is appropriate.
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