U.S. Treasury Secretary Yellen Says Not Seeing Concerns In Bond Market About Issuance
Portfolio Pulse from Benzinga Newsdesk
U.S. Treasury Secretary Janet Yellen has stated that there are no concerns in the bond market about issuance, according to CNBC. This statement may influence the performance of bond-related ETFs such as SPY.
September 18, 2023 | 2:19 pm
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POSITIVE IMPACT
Yellen's statement about no concerns in the bond market about issuance may have a positive impact on SPY, a bond-related ETF.
Yellen's statement indicates a stable bond market, which is beneficial for bond-related ETFs like SPY. As such, the ETF may see a positive impact in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70