'Overreaction' in the bond markets
By Reuters
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As the cost of the US government's long-term borrowing reaches its highest since 2004, economist Gregory Daco of EY-Parthenon tells Reuters bond yields also reflect high energy prices that the Fed can't control, and policymakers should be careful of hiking rates too far. #News #Reuters #Newsfeed #world #business #markets #bonds #FederalReserve #USA #bondmarket Read the story here: š Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
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