19th October 2023

  • Treasury Yields Stall at Historic Highs After Solid Bond Auction

Two- to 20-year yields rise to fresh multi-year highs

Sale of 20-year bonds draws lower-than-expected yield

https://blinks.bloomberg.com/news/stories/S2QIWHT0G1KX

  • Fed’s Beige Book Sees US Outlook as Stable or Slightly Weaker

Firms see prices rising at slower rate in coming quarters

Businesses struggled to pass along cost pressures, Fed says

https://blinks.bloomberg.com/news/stories/S2QLANT1UM0W

  • Waller Says Fed Can ‘Watch and See’ If More Rate Hikes Needed

Governor will carefully assess data on economy’s performance

While ‘it is too soon to tell’ on economy, he sees progress

https://blinks.bloomberg.com/news/stories/S2QHFPT0AFB4

  • Williams Says Fed Needs to Be Restrictive ‘For Some Time’

New York Fed chief says US central bank will ‘stick at it’

Rate cuts in coming years will depend on data, Williams says

https://blinks.bloomberg.com/news/stories/S2QH32T1UM0W

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