Fed minutes: rising stock market offsets rising rates
The minutes of the March meeting released today by the Federal Reserve cited a moderate easing of U.S. financial conditions since the January FOMC meeting, with rising stock markets offsetting higher interest rates. Nominal Treasury yields rose between the two meetings. In the case of short-term bonds, most of the increase was attributed to an increase in inflation compensation, and there are signs that inflation is falling a bit more slowly than the market had expected in recent months. In contrast, longer-term Treasury yields rose mainly because of higher real interest rates, reflecting solid job market data and stronger-than-expected data on economic activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Foundation names 2 ‘must ship’ EIPs for Hegotá upgrade

Vietnam: Inflation and trade trends shape VND – Commerzbank
Fidelity purchased more than 130 million dollars worth of Bitcoin
Lion Group plans 1-for-20 reverse ADS split via ratio change effective Sept. 10