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Why are bond yields so high right now?

Oct 23, 2023
The yield on the 10-year Treasury briefly hit 5%, the highest level since 2007. A resilient economy and expanding debt are pushing rates up.
For a while, bond markets expected a weaker economy and possible rate cuts by the Federal Reserve in 2024.
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Fed chair Powell's latest speech hints at caution regarding interest rates

Oct 20, 2023
Jerome Powell spoke Oct. 19 and said the Federal Open Market Committee would be "proceeding carefully."
“Given the uncertainties and risks, and given how far we’ve come, the committee is proceeding carefully," Powell said.
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Will high yields on the 10-year T-note jeopardize the "soft landing"?

Oct 4, 2023
The yield hit a 16-year record Tuesday. Could that mean trouble for the Federal Reserve's effort to cool inflation and prevent a recession?
It has long been said that if you want to know where the economy is headed, look at the bond market. Could the bond market be wrong this time?
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Federal Reserve holds steady on rate hikes for now

Sep 21, 2023
Announcing its decision yesterday, the Fed also signaled it could hike rates one more time before year's end.
In his news conference on Wednesday, Fed Chair Jerome Powell acknowledged that there are economics headwinds that could make a soft landing more difficult.
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What the Fed's Summary of Economic Projections can reveal

Sep 20, 2023
The quarterly report gives clues about how members of the Federal Open Market Committee see the economy and what future steps they might take.
In addition to an announcement on interest rates, the Federal Reserve will release its Summary of Economic Projections on Wednesday.
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As Federal Reserve meets, economic headwinds blow

Sep 19, 2023
Consumers facing high energy prices and other burdens may cut back on spending, cooling the economy but, the Fed hopes, not sending it into recession.
The Federal Reserve hopes that things like rising energy prices will help curb consumer spending without spawning a recession.
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Businesses are telling the Federal Reserve they think wage gains are subsiding

Sep 8, 2023
That could be a sign that the Fed's interest rate hikes are working and the economy is cooling.
Though wage growth has been falling, inflation has been falling even faster.
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Decreasing inflation by a final percentage point may be the hardest challenge for the Fed

Aug 25, 2023
Here's why the last part of getting to that 2% inflation target might be like trying to lose that last 10 pounds.
Fed Chair Jerome Powell’s speech from the Jackson Hole Symposium is televised on the floor of the New York Stock Exchange on Friday.
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Will we get less gloom and doom from Jay Powell at Jackson Hole?

Aug 17, 2023
In 2022, Powell warned of painful moves to get inflation under control.
At last year's 
Jackson Hole Symposium, Fed Chair Jerome Powell warned of the pain that rising interest rates will cause.
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What comes after a soft landing?

Aug 16, 2023
There are only so many options. Ideally, they don't include a boom or a bust.
If the Federal Reserve tames inflation and avoids a recession, it will want to maintain the status quo — without a boom or a bust.
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