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Global Bonds Recover as Warsh’s Inflation Fight Calms Market

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsInflationCredit & Bond Markets

Global bond yields retreated Thursday, easing pressure in fixed-income markets after the Federal Reserve raised rates and Chairman Kevin Warsh reaffirmed a commitment to curb inflation. Traders are now focused on the Bank of Japan’s Friday policy decision, which could drive further moves in global yields and currencies.

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