WASHINGTON (Reuters) – Bond yields remain comparatively low despite a recent increase, and the Federal Reserve does not need to do anything to address the recent uptick, Atlanta Fed President Raphael Bostic said Thursday.
“Right now I am not worried about that. … We will keep an eye out. … I am not expecting that we will need to respond at this point in terms of our policy,” Bostic said.
(Reporting by Howard Schneider; editing by Jonathan Oatis)