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Fed Has to Put Up or Shut Up, Says DoubleLine's Sherman
Source: Bloomberg
Monetary PolicyInterest Rates & YieldsCredit & Bond MarketsAnalyst Insights
DoubleLine Capital Deputy CIO Jeffrey Sherman said the Federal Reserve should raise rates as bond yields trade above 5%, arguing policymakers need to "put up or shut up." The commentary signals a hawkish view that elevated market yields warrant an additional Fed hike, which could pressure rate-sensitive assets if adopted.
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