Analysis: Fed may need more than words in next battle with markets
6 Min Read LONDON (Reuters) - Federal Reserve: 1, bond markets: 0. That’s more or less where it stands after Round One in the tussle over borrowing costs. But Round Two, and perhaps even Round Three, are inevitable, and they may require policy action rather than just words. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo February’s bond selloff sent U.S. 10- and 30-year Treasury yields more tha...
Source: reuters.com