Yardeni Research Says Warsh ‘Fails First Credibility Test’ As 30-Year Treasury Yield Tops 5%
The yield on the 30-year U.S. Treasury bond spiked over 5%, touching levels not seen since the global financial crisis of 2007 after the Federal Reserve’s decision to keep rates steady. The U.S. 10 Year Treasury climbed to 4.683%. Yardeni Research said in a post on Wednesday that the Fed has to raise short-term rates … Read more