Fed's Kashkari: can't second-guess market investment decisions

FED'S KASHKARI SAYS A MODEST FED RATE HIKE RANGE IS UNLIKELY TO CURB HYPERSCALER INVESTMENT MUCH AND THAT HE CAN'T SECOND-GUESS MARKET INVESTMENT DECISIONS, ADDING THAT THE INCREASE IN BOND YIELDS IS A WORLDWIDE TREND, THAT SWAP LINES ARE PART OF MONETARY POLICY IMPLEMENTATION, AND THAT IT IS 'ENTIRELY FAIR TO RECONSIDER THE BALANCE SHEET APPROACH'.