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Treasury yields slip as Fed’s Evans says rates may linger lower for longer

U.S. Treasury yields traded slightly lower on Tuesday, as Boston Federal Reserve President Eric Rosengren said investors may need to get accustomed to a protracted period of low interest rates. In a speech in Amsterdam, Rosengren said lower rates may be a more permanent fixture, and that dynamic could pose financial stability risks that central bankers and investors must take seriously. Rosengren isn’t a voting member of the central bank’s policy-setting Federal Open Market Committee, but he still participates in deliberations.

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