Fed's Evans: Yields increasing due to real factors, like vaccines

Comments from the Chicago Fed President:

  • A stronger economy would make real rates go up
  • Says he's not thinking about yield-curve control
  • Fed could lengthen maturity of bond buying if needed
  • Financial markets are pricing in a more positive outlook
  • Markts absorbing increased borrowing due to fiscal aid

Evans made it clear that he has not inclination towards an operation twist in his comments earlier today. There's nothing new here.

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