KM Financial Solutions | UPDATE 1-Fed’s Mester says U.S. bond yield jump not of immediate concern
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UPDATE 1-Fed’s Mester says U.S. bond yield jump not of immediate concern

UPDATE 1-Fed’s Mester says U.S. bond yield jump not of immediate concern

A jump in long-term U.S. bond
yields on Wednesday is not of immediate concern, Cleveland
Federal Reserve President Loretta Mester said, adding that any
pronounced “divergence” between the United States and other
economies will need to be monitored.

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