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Stabilizing the bond market is now Scott Bessent's job: Ed Yardeni
Source: youtube.com
Monetary PolicyInterest Rates & YieldsMarket Technicals & FlowsSovereign Debt & Ratings
Ed Yardeni says the Fed is likely to hike in September, implying renewed pressure on Treasury yields even though he believes the move should have occurred in July. He also highlights Treasury Secretary Scott Bessent’s role in helping stabilize bond markets, suggesting policymakers are focused on limiting rate-market volatility.
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