BlockBeats news, on July 22, Goldman Sachs stated: "Market participants seem to unanimously believe that the risks to Fed independence are on the rise, as the 5-year forward (5y5y) inflation swap rate has recently deviated from its long-standing close correlation with the 2-year Treasury yield, showing an upward divergence."
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Goldman Sachs: The risks to the Fed's independence are rising.
BlockBeats news, on July 22, Goldman Sachs stated: "Market participants seem to unanimously believe that the risks to Fed independence are on the rise, as the 5-year forward (5y5y) inflation swap rate has recently deviated from its long-standing close correlation with the 2-year Treasury yield, showing an upward divergence."