DoubleLine says high US Treasury yields help the Fed keep rates unchanged

Facts:
1. DoubleLine is adding to shorter-dated government bonds, reasoning that it believes Fed Chair Kevin Warsh's reputation will help the central bank keep rates unchanged this year.
2. The firm's manager Bill Campbell said high Treasury yields push up borrowing costs, and if data shows inflation is easing, that could prompt the Fed to keep rates unchanged.

📊 Instrument: Macro

#Fed #US Treasuries

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