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Atlanta Fed’s Bostic says not worried about rise in bond yields with rates still comparatively low

Bond yields remain comparatively low despite a recent increase, and the Federal Reserve does not need to do anything to address the recent uptick, Atlanta Fed President Raphael Bostic said.

“Right now I am not worried about that. … We will keep an eye out. … I am not expecting that we will need to respond at this point in terms of our policy,” Bostic said.
Source: Reuters (Reporting by Howard Schneider; editing by Jonathan Oatis)

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