Fed's Kashkari Says 'Possible' That Higher Bond Yields Could Leave Less For The Fed To Do
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve Bank of Minneapolis President Neel Kashkari has suggested that higher bond yields could potentially reduce the need for the Federal Reserve to intervene in the market. This statement could have implications for the broader market, including ETFs like SPY.
October 10, 2023 | 7:44 pm
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Higher bond yields could potentially reduce the need for the Federal Reserve to intervene in the market, which could impact the performance of SPY.
Higher bond yields could mean that the market is functioning well on its own, reducing the need for the Federal Reserve to intervene. This could impact the performance of SPY, as it tracks the S&P 500, which is influenced by the broader market conditions and the Federal Reserve's actions.
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