US stocks open mixed as Kevin Warsh provides fresh cues for inflation, interest rate and growth
The US 10Y yields have recouped the majority of the 25th August losses on Friday, surging above the 4.68% level. However, the 30Y yields fell below 5.17%, suggesting the long-term inflation and interest rates outlook remains benign. Meanwhile, the near-term interest rate hike fears increase ahead of Kevin Warsh’s speech.
The US 10Y yields have recouped the majority of the 25th August losses on Friday, surging above the 4.68% level. However, the 30Y yields fell below 5.17%, suggesting the long-term inflation and interest rates outlook remains benign. Meanwhile, the near-term interest rate hike fears increase ahead of Kevin Warsh’s speech.
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