Fed's Jefferson Hits Pause as Treasury Yields Touch 24-Year Highs
Fed Vice Chair Philip Jefferson signals no rush to hike again in October, even as 10-year Treasury yields briefly touch 5.342%, their highest since 2002. Plus, Brent crude jumps as a third U.S. aircraft carrier heads to the Middle East, and Goldman Sachs pushes its rate-hike call from October to December. In this episode: • Fed Vice Chair Jefferson signals no urgency for next rate hike after September increase — https://www.federalreserve.gov/newsevents/speech/jefferson20261001a.htm • U.S. Treasury yields hit highest level since 2002 before pulling back —…
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