The Zhitong Finance App learned that Minneapolis Federal Reserve Chairman Kashkari downplayed concerns about rising US Treasury yields, saying that the market is running well, and that the recent surge in yield is unlikely to affect monetary policy discussions. Kashkari said on the program last Sunday: “All current signs indicate that the US Treasury bond market is operating normally, transactions are ongoing, and market liquidity is sufficient, so we can continue to use the federal funds rate as the main policy tool to push inflation back down.”

The Zhitong Finance App learned that Minneapolis Federal Reserve Chairman Kashkari downplayed concerns about rising US Treasury yields, saying that the market is running well, and that the recent surge in yield is unlikely to affect monetary policy discussions. Kashkari said on the program last Sunday: “All current signs indicate that the US Treasury bond market is operating normally, transactions are ongoing, and market liquidity is sufficient, so we can continue to use the federal funds rate as the main policy tool to push inflation back down.”