Capital Alert: February 22, 2018
Policy Makers Going Bullish
Interest rates continued on their upward trend this week as the Federal Reserve released policy meeting minutes showing a bullish sentiment among policy makers. The yield on the 10-year Treasury rose to its highest levels since January 2014, hitting 2.95%. A stronger outlook for economic growth raises the likelihood that gradual policy firming would be appropriate. Continuing economic growth and increasing inflation will fuel upward pressure on rates.