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Richmond Fed Barkin

FED

Unscheduled Fed speaker: Richmond Fed Pres Tom Barkin on SiriusXM satellite radio: Treasury futures extending lows last couple minutes, but unlikely on Barkin headlines:

  • IT'S TIMELY FOR FED TO NORMALIZE POLICY, Bbg
  • INFLATION IS HIGH, HOPE THAT GOODS PRICES WILL SETTLE, Bbg
  • HOPE AND EXPECT THAT ELEVATED INFLATION WON'T PERSIST, Bbg

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