Fed's Kashkari Says There's A Lot Of Uncertainty Around What's Driving The Yield Curve; Let's Not Bet On Any One Explanation, As We Might Get It Wrong
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve's Neel Kashkari has expressed uncertainty about the factors driving the yield curve, cautioning against betting on any one explanation as it could be incorrect.
November 03, 2023 | 5:26 pm
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NEUTRAL IMPACT
The uncertainty around the yield curve expressed by Fed's Kashkari may impact the SPY ETF, which tracks the S&P 500 and is sensitive to interest rate changes.
The yield curve, which is influenced by interest rates, can impact the stock market and therefore ETFs like SPY. However, the direction of the impact is uncertain due to the ambiguity expressed by Kashkari.
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