More hawkish comments from the St Louis Fed President
Inflation data is also stronger but has not yet changed view that policy is on a path to neutralThere is likely space for a gradual easing of policy towards neutral rateStronger data likely pushing Treasury yields higherToo soon to understand new administrationRising bond yields also offer a sense of higher inflation risk and some sense the Fed may not cut as much
This article was written by Adam Button at www.forexlive.com.