Powell might have given ‘inexperienced gentle’ for larger bond yields with 10-year close to 5%: Fed watcher

Federal Reserve Chair Jerome Powell on Thursday provided up causes for the continued surge in long-term Treasury yields, and will have unintentionally egged on merchants to maintain pushing them larger, based on a prime Fed watcher.

Asked in regards to the sharp rise in long-term Treasury yields — with the 10-year Treasury word on Thursday coming inside…