DoubleLine: Rising U.S. Treasury yields will help the Federal Reserve keep interest rates unchanged

Golden Finance reports that on July 21, DoubleLine is increasing its positions in shorter-term government bonds, arguing that Federal Reserve Chair Kevin. Wosch’s credibility with investors will help the central bank keep interest rates unchanged this year. Bill Campbell, the firm’s global sovereign debt and emerging markets portfolio manager, said that elevated U.S. Treasury yields are pushing up borrowing costs, and if the data continues to show inflation easing, it could prompt the Federal Reserve to keep interest rates unchanged.
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