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Market Impact: 0.68

Bond market woes likely a factor for Fed, but intervention seen as unlikely

Source: The Globe and Mail

Interest Rates & YieldsMonetary PolicyCredit & Bond MarketsElections & Domestic Politics

Surging U.S. government bond yields are increasing borrowing costs across the economy and may influence Federal Reserve policy deliberations. Analysts expect the Fed to resist explicit Trump administration pressure to intervene and support the bond market, leaving elevated yields as a continuing financial-conditions headwind.

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