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Kashkari Plays Down Treasury Yields as Inflation Lingers

8/23/2026

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Summary

Story summary

Federal Reserve Bank of Minneapolis President Neel Kashkari downplayed Treasury yield concerns, citing market liquidity and active trading.
The benchmark 10-year Treasury yield ended last week near 4.73%.
The 30-year yield remained near its highest level since 2007.
Kashkari, one of three dissenters against a quarter-point hike, said more data are needed and inflation may not hit target soon.

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Story summary

Federal Reserve Bank of Minneapolis President Neel Kashkari downplayed Treasury yield concerns, citing market liquidity and active trading.
The benchmark 10-year Treasury yield ended last week near 4.73%.
The 30-year yield remained near its highest level since 2007.
Kashkari, one of three dissenters against a quarter-point hike, said more data are needed and inflation may not hit target soon.