Federal Reserve Goulsby: Strong 10-year treasury auctions allayed market concerns. The previous sell-off in the bond market showed that the US was not the only country affected. The broad financial condition index is difficult to interpret, and I will not speculate on how the Federal Reserve will respond to market pressure events.

Federal Reserve Goulsby: Strong 10-year treasury auctions allayed market concerns. The previous sell-off in the bond market showed that the US was not the only country affected. The broad financial condition index is difficult to interpret, and I will not speculate on how the Federal Reserve will respond to market pressure events.