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Claudia Sahm: The Fed tool that is having a powerful impact


Central bank’s Summary of Economic Projections may have spurred recent rises in Treasury yields. In the past month, there has been a significant shift in the views of investors on where interest rates are heading. The yield on 10-year US Treasury notes jumped half a percentage point, before a sharp retracing this week. High rates boost

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Posted: October 11, 2023 Wednesday