CIO Tom Graff Quoted by Invezz on US 10-year Treasury yield

Invezz featured Facet CIO Tom Graff to unpack what rising Treasury yields and the latest inflation figures mean for future interest rate decisions.

CIO Tom Graff shares perspective with Invezz on inflation metrics and Federal Reserve policy expectations.

At least one more rate hike from the Fed remains nearly inevitable, even after Core PCE came in cooler than expected, since inflation is still well above the Fed’s 2% target. The softer reading is welcome, but the rest of the report gives the Fed reason for caution.