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Fed Chair Declines to Comment on Individual Bond Rates

FED
  • Powell: Won't want to comment on any individual bond market rate. Re bond market, would be concerned by disorderly market conditions persistent tightening of financial conditions that threatens our goals.
  • Re last week's rise in rates: "notable, caught my attention". Not appropriate to isolate one particular interest rate.
  • Pretty much exactly what Brainard said previously
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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