Unpredictable 10-Year Treasury Yield

 How much control do officials have over the all-important yield on the 10-year U.S. Treasury note?

“Powell can push up short-term rates, but it’s getting increasingly difficult for him to push up long-term rates.”

WSJ 13 Decenber 2022

https://www.wsj.com/articles/unpredictable-10-year-treasury-yield-poses-puzzle-for-investors-fed-11670940048