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MNI BRIEF: Rise in Real Yields Might Warrant Action: Kashkari

WASHINGTON (MNI)

Minneapolis Fed President Neel Kashkari said Friday he's not worried about the spike in Treasury yields so far but would be concerned if the level of inflation-adjusted rates were to spike considerably.

"If we were seeing an real uptick in real yields, that would worry me," he said. "That might warrant a policy response." MNI has reported the Fed may be inclined to do more before pulling back on QE because of lingering recovery risks.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
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MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
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