![The Fed: Fed’s Collins says rise in bond yields could reduce the need for further interest-rate hikes](https://cdn.newsserve.net/ONPglobe256.png)
The Fed: Fed’s Collins says rise in bond yields could reduce the need for further interest-rate hikes
The recent rise in long-term bond yields could obviate the need for further interest-rate hikes, Boston Federal Reserve Bank President Susan Collins said on Thursday. “Importantly, the rise in long-term yields implies some tightening of financial conditions. If it persists, it likely reduces the…
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