Extra from Fed Williams:Doesn't say excessive yields reflecting huge inflation view shift

Extra feedback from close to Fed Pres. Williams (voting member):

• Doesn’t see increased yields reflecting an enormous inflation view shift.
• Just isn’t stunned bond yields have risen.
• Time period premia components are an enormous a part of rising bond yields.
• No prediction on when steadiness sheet contraction will cease.
• Monetary sector reserves nonetheless look ample.
• Fed has no present plans for asset gross sales.
• Laborious to understand how Fed bond holdings are affecting yields.
• Decreased immigration will seemingly imply slower progress.

This text was written by Emma Wang at www.ubaidahsan.com.



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