"Federal Reserve Bank of Philadelphia President Charles Plosser said he will be more aggressive in pressing for higher interest rates than other central bank policy makers."
Plosser and some of his other "hawkish" colleagues on the FOMC put some fear into the bond market last week, however, it is not likely that the Fed will raise rates anytime soon.
In fact in the last week the Fed's balance sheet grew by $65 billion, pushing it to a new high for the year. This suggests you should be buying bonds while everyone else is selling.
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