10-Year Yield Jumped to 1.66% as Fed’s Waller Got Hawkish, Shredded Inflation Indexes that Strip out Food, Energy & Outliers, Put Faster Taper & Sooner Rate Hikes on Table

by Wolf Richter, Wolf Street: The 10-year Treasury yield jumped to 1.66% at the moment, the highest since mid-May, after Christopher Waller – President Trump’s December appointment to the Federal Reserve Board of Governors – said in a speech today, “If monthly prints of inflation continue to run high through the remainder of this year, a more […]
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