Fed's Logan Says If Rise In Long Rates Driven By Term Premium, It Could Do Some Of Fed's Work
Portfolio Pulse from Benzinga Newsdesk
Federal Reserve official Lorie Logan has stated that if the rise in long-term interest rates is driven by term premium, it could do some of the Federal Reserve's work. This could potentially impact the performance of the SPY ETF.
November 07, 2023 | 6:39 pm
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The rise in long-term interest rates, if driven by term premium, could potentially impact the performance of the SPY ETF.
The SPY ETF, which tracks the S&P 500, could be impacted by changes in long-term interest rates. If these rates rise due to term premium, it could lead to a shift in the performance of the ETF. However, the exact impact is uncertain and would depend on various factors including the extent of the rate rise and market reactions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50