Fed’s Waller: safety premium for Treasuries is gone
Federal Reserve Governor Christopher Waller said there is no more premium for safe, liquid U.S. government debt, which he said pushes the neutral level of interest rates higher.
By David Lawder and Howard SchneiderThere is no more premium for safe, liquid U.S. government debt, pushing the neutral level of interest rates higher, Federal Reserve Governor Christopher Waller told a Reuters NEXT Newsmaker event on Thursday.Waller also told Reuters NEXT that for the United State…