The Zhitong Finance App learned that Federal Reserve Governor Christopher Waller said that the sharp rise in long-term US Treasury yields is helping to curb demand in interest rate sensitive industries such as housing and automobiles, thus playing a role in tightening monetary policy to a certain extent.

The Zhitong Finance App learned that Federal Reserve Governor Christopher Waller said that the sharp rise in long-term US Treasury yields is helping to curb demand in interest rate sensitive industries such as housing and automobiles, thus playing a role in tightening monetary policy to a certain extent.