US Treas Sec Yellen urges bond traders to read data thoughtfully for informed market moves ...Middle East

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US Treasury Secretary Yellen remarks hitting the news: Fed wants to create financial conditions consistent with bringing down inflation, state of markets feeds into thatUnclear what role increased Treasury supply had in recent rise in longer-term ratesSays bond markets anticipating fed moves can be helpful complement to monetary policy if participants are 'thoughtful' when reading dataDifficult to disentangle expectations about fiscal, monetary path from other factors affecting treasury term premiumIts not unusual for public sector employees to tell those in the private sector that they're doing their jobs wrong. Such advice is best ignored. The job of bond traders, and all traders, is to ma

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US Treas Sec Yellen urges bond traders to read data thoughtfully for informed market moves ...Middle East

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