Fed's Waller Calls for More Hikes; 10-Year Yield Flat — SkimNews
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- Fed Governor Waller said more rate hikes are needed, even as the 10-year Treasury yield was little changed and investors awaited the 30-year auction (CNBC).
- The Federal Reserve grew more hawkish on inflation but sees room to wait on rate hikes, even though the Fed was unanimous about raising rates in September before economic signals shifted (KOMO, Yahoo Finance).
Why it matters: Waller's call for additional hikes clashes with the broader Fed's message that it can afford patience — that internal tension, playing out live in the bond market ahead of a 30-year auction, is what investors are pricing today rather than any single data point.
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