Treasury Yields Surge as Global Central Banks Scramble to Respond to Fed, Inflation

Posted on AllSides September 22nd, 2022
From The Center
ANDY RAIN/SHUTTERSTOCK

U.S. government bond yields surged Thursday, after foreign governments and central banks rushed to raise interest rates or otherwise support local currencies pressured by the dollar’s strongest rally in a generation.

U.S. yields were largely stable overnight after the Federal Reserve raised short-term rates by 0.75 percentage point for the third consecutive meeting and said more large rate increases are likely as the central bank seeks to quell inflation. 

Read full story
Some content from this outlet may be limited or behind a paywall.

Wall Street Journal (News)

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
108147/84892
See full bias rating for Wall Street Journal (News)
Learn about media bias
https://www.wsj.com/articles/treasury-yields-surge-as-global-central-banks-scramble-to-respond-to-fed-inflation-11663873101

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right