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Fed Governor Barr Says More Rate Hikes Are 'Likely' Needed. Treasury Yields Reach New 19-Year Highs.

Fed
International Business Times Fews App News Provider
Fews App Post Time há 6h

Federal Reserve Governor Michael Barr said more rate hikes are "likely" needed to tame inflation. AFP via Getty Images/Saul Loeb Bond yields climbed on Friday, with the benchmark 10-year Treasury reaching 5. 104%, the highest level since July 2007.

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