FOMC Minutes were uneventful and noted that most participants assessed higher rates would likely be necessary if inflation did not fall, while most supported keeping interest rates unchanged at the meeting, but several favoured an increase.

US Treasury increasing the size of liquidity support buyback operations for longer-dated nominal coupon securities at least double; FOMC Minutes show; Weak 20yr bond auction; EIA…

FOMC Minutes were uneventful and noted that most participants assessed higher rates would likely be necessary if inflation did not fall, while most supported keeping interest…

US President Trump announced sweeping economic measures against Iran and threatened consequences for countries or entities supporting Tehran.