Janet Yellen sees no market ‘dysfunction’ from US bond rout
Written by Black Hot Fire Network on October 9, 2023
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The surge in borrowing costs has not created dysfunction in US financial markets, US Treasury secretary Janet Yellen said as she struck an optimistic tone about the capacity of banks, businesses and households to weather higher interest rates.
Speaking at the start of the IMF and World Bank annual meetings in Marrakech . . .
