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Goldman Sachs: Risks to Federal Reserve Independence Increasing
Summary: In a recent report, Goldman Sachs stated that market participants seem to unanimously believe that risks to the independence of the Federal Reserve are increasing, as the 5-year forward (5y5y) inflation swap rate has recently deviated from its long-standing close relationship with 2-year Treasury yields, showing an upward deviation.
In a recent report, Goldman Sachs stated that market participants seem to unanimously believe that risks to the independence of the Federal Reserve are increasing, as the 5-year forward (5y5y) inflation swap rate has recently deviated from its long-standing close relationship with 2-year Treasury yields, showing an upward deviation.
