Live On Bloomberg TV, Fed's Musalem Says Nominal Yields Rising Because Real Yields Rising In Part Due To Rate Expectations; Market Inflation Expectations Remain Anchored, Doesn't See Fed Credibility Questioned
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Why It Matters
A Federal Reserve official said interest rates are going up partly because people expect more rate hikes ahead. People still trust the Fed and don't think inflation will spiral out of control.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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