Fed's Jefferson Says Mindful That Changes In Real Yields Can Arise From Changes In Investors' Views Of Risk, Uncertainty; Will Keep Higher Bond Yields In Mind In Assessing Future Rate Path; Recent Inflation Data 'encouraging' But Inflation Still Too High
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Jefferson has stated that changes in real yields can arise from changes in investors' views of risk and uncertainty. He also mentioned that the Fed will keep higher bond yields in mind when assessing future rate paths. He found recent inflation data encouraging but still too high.
October 09, 2023 | 5:37 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The Federal Reserve's comments on bond yields and inflation could impact the SPY ETF. Higher bond yields could lead to a decrease in the price of the ETF, while concerns about high inflation could also create uncertainty.
The SPY ETF tracks the S&P 500, which is sensitive to changes in interest rates and inflation. Higher bond yields can decrease the attractiveness of equities, potentially leading to a decrease in the price of the ETF. Additionally, high inflation can create economic uncertainty, which can also negatively impact the ETF.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75