US Treasury Secretary Bessent says high bond yields are a global phenomenon, core inflation rate is close to the Fed's target

Summary:
US Treasury Secretary Bessent stated that high bond yields are a global phenomenon, and said the core inflation rate is close to the Fed's target.

Content Summary:

• Bessent says high bond yields are a global phenomenon.
• Bessent says the core inflation rate is close to the Fed's target.

📊 Subject: Macro