US Treasury Secretary Janet Yellen, in a recent live speech, emphasized that the surge in longer-term bond yields is a reflection of a strong economy and expectations that rates may have to stay higher for longer. The rise in yields is happening in most advanced countries and is not an indicator of a recession. Yellen's take on the surging bond yields might raise eyebrows on Wall Street. She also stated that the US GDP is a 'good strong number' which may keep bond yields higher. President Biden has proposed deficit reduction plans.
Yellen says US GDP is a 'good strong number', may keep bond yields higher https://t.co/EMUursdArm https://t.co/p4mdEf0cP9
Treasury Secretary Janet Yellen’s take on surging bond yields might raise some eyebrows on Wall Street https://t.co/cwhMGfcHhl
Janet Yellen said that the surge in longer-term bond yields is a reflection of a strong US economy, not the jump in government borrowing https://t.co/41dEB1cliv
Janet Yellen said that the surge in longer-term bond yields is a reflection of a strong US economy, not the jump in government borrowing https://t.co/yItzJ9raYa
Treasury Janet Yellen said that the surge in longer-term bond yields in recent months is a reflection of a strong economy and expectations that rates may have to stay higher for longer https://t.co/8eedfgvSy4
US Treasury Secretary Janet Yellen says higher yields reflect a stronger economy and it is possible longer-term yields will come down https://t.co/NJwLxf2CpO https://t.co/Gbyb1UwoPK
US Treasury Secretary Janet Yellen says higher yields reflect a stronger economy and it is possible longer-term yields will come down https://t.co/NIHkufZqOf https://t.co/zZSFPAY3yn
YELLEN: WHAT WE HAVE LOOKS LIKE A SOFT LANDING YELLEN: WE SEE GOOD STRONG CONSUMER SPENDING, ECONOMY IS DOING WELL
YELLEN: YIELDS REFLECT STRONG ECONOMY, HIGHER-FOR-LONGER RATES YELLEN: NOT MUCH OF THE YIELDS SURGE IS CONNECTED TO DEFICITS, THE SURGE IN BOND YIELDS IS HAPPENING IN MOST ADVANCED COUNTRIES, AND IS NOT INDICATOR OF RECESSION YELLEN: BIDEN HAS PROPOSED DEFICIT REDUCTION PLANS… https://t.co/SDWxYLx6Pp
YELLEN: YIELDS REFLECT STRONG ECONOMY, HIGHER-FOR-LONGER RATES YELLE: NOT MUCH OF THE YIELDS SURGE IS CONNECTED TO DEFICITS, THE SURGE IN BOND YIELDS IS HAPPENING IN MOST ADVANCED COUNTRIES, AND IS NOT INDICATOR OF RECESSION YELLEN: BIDEN HAS PROPOSED DEFICIT REDUCTION PLANS… https://t.co/UqgPe1wUqB
🔸YELLEN: SURGE IN BOND YIELDS IS HAPPENING IN MOST ADVANCED COUNTRIES, NOT INDICATOR OF RECESSION
🔸YELLEN: YIELDS REFLECT STRONG ECONOMY, HIGHER-FOR-LONGER RATES
🔴 US TREASURY SECRETARY YELLEN: IT IS PERFECTLY POSSIBLE LONGER-TERM YIELDS WILL COME DOWN.
🔴 US TREASURY SECRETARY YELLEN: PART OF INCREASE IN YIELDS IS A REFLECTION OF EXPECTATIONS THAT INTEREST RATES WILL BE HIGHER FOR LONGER.
🔴 US TREASURY SECRETARY YELLEN: THE YIELDS RISE REFLECTS A STRONG US ECONOMY.
🔴 US TREASURY SECRETARY YELLEN: NOT MUCH OF THE YIELDS SURGE IS CONNECTED TO DEFICITS, THE SURGE IN BOND YIELDS IS HAPPENING IN MOST ADVANCED COUNTRIES, AND IS NOT INDICATOR OF RECESSION.
🔴 US TREASURY SECRETARY YELLEN: A SIGNIFICANT SHARE OF AMERICANS HAVE NOT SEEN MEANINGFUL GROWTH IN THEIR REAL INCOME IN A LONG TIME.
🔴 US TREASURY SECRETARY YELLEN: AMERICANS SEEM WORRIED ABOUT THE ECONOMY.
🔴 US TREASURY SECRETARY YELLEN: WE SEE GOOD STRONG CONSUMER SPENDING, ECONOMY IS DOING WELL.
🔸YELLEN: WHAT WE HAVE LOOKS LIKE A SOFT LANDING 🔸YELLEN: WE SEE GOOD STRONG CONSUMER SPENDING, ECONOMY IS DOING WELL
🔴 US TREASURY SECRETARY YELLEN: WHAT WE HAVE LOOKS LIKE A SOFT LANDING.
YELLEN SAYS `GOOD STRONG NUMBER' WITH GDP REPORT TODAY
🔴 US TREASURY SECRETARY YELLEN SPEAKS ON THE US ECONOMY - WATCH LIVE https://t.co/qLEtSZFfue
🔸YELLEN SAYS `GOOD STRONG NUMBER' WITH GDP REPORT TODAY
🔴 US TREASURY SECRETARY YELLEN: US GDP IS A GOOD STRONG NUMBER, THE ECONOMY IS DOING VERY WELL - BLOOMBERG LIVE EVENT.
Treasury yields hold steady as investors assess state of economy https://t.co/EptbfZdL3Y