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DoubleLine Says Higher Bond Yields to Help Fed Keep Rates Steady

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Bonds DoubleLine Says Higher Bond Yields to Help Fed Keep Rates Steady DoubleLine is positioning in shorter-dated government bonds on the view that Kevin Warsh’s credibility with investors will help allow Federal Reserve officials to keep interest rates steady this year. Elevated Treasury yields are pushing borrowing costs higher and this could help the Fed keep rates on hold if data continues to show moderating inflation, according to Bill Campbell, portfolio manager of global sovereign and...

Bonds DoubleLine Says Higher Bond Yields to Help Fed Keep Rates Steady DoubleLine is positioning in shorter-dated government bonds on the view that Kevin Warsh’s credibility with investors will help allow Federal Reserve officials to keep interest rates steady this year. Elevated Treasury yields are pushing borrowing costs higher and this could help the Fed keep rates on hold if data continues to show moderating inflation, according to Bill Campbell, portfolio manager of global sovereign and emerging markets at the firm.
DoubleLine (ORG) Kevin Warsh (PERSON) Federal Reserve (ORG) Treasury (ORG) Fed (ORG) Bill Campbell (PERSON)
Originally published by Bloomberg Markets Read original →