US Treasury Secretary Scott Bessent says it’s time for the Federal Reserve to cut rates, given that two-year yields (2YY=F) are lower than the Fed fund rate, adding fuel to the contentious relationship between the Trump administration and Fed Chair Jerome Powell.
Wellington Management fixed income portfolio manager Brij Khurana joins Morning Brief with Brad Smith and Madison Mills to discuss what he calls the Fed’s "very tricky situation."
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
#youtube #stocks #investing
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
