New York Federal Reserve Bank leader John Williams on Monday said bond market volatility is no problem for him, in comments reiterating his view that the central bank will It is necessary to tighten monetary policy strongly to curb inflation.
The volatility in government bonds in recent weeks has been “more or less in line with” what one would expect given the general uncertainty about the outlook and a shift in Fed policy, Mr Williams said. . “I see no sign of market turmoil in the Treasury market,” he said.
https://www.wsj.com/articles/feds-williams-says-bond-market-functioning-well-in-uncertain-times-11652714297?mod=pls_whats_news_us_business_f Fed’s Williams Says Bond Market Functioning Well in Uncertain Times