After last week’s enormous bond and stock rally, I wondered when the Federal Reserve would make a statement to try to reverse some of that momentum. Well, it didn’t take long: on Sunday Federal Reserve Governor Christopher Waller made comments at an economic conference in Australia that made their position clear.

This is the second time this year that the Fed empire has struck back after mortgage rates made a move lower. Currently, the 10-year yield has made a reversal and is already heading higher toward 3.90%.

Here are some of the comments Waller made, according details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com