Fed's Barkin says bond yields still within reasonable range
WASHINGTON, May 21 (Reuters) - The recent jump in U.S. Treasury bond yields does not seem to point to rising concerns about U.S. inflation or government deficits, and the country's borrowing costs remain within a reasonable zone, Richmond Federal Reserve President Thomas Barkin said on Thursday.
"I don't mark it up to inflation expectations," Barkin said, while even with rising Treasury supply to fund deficits and some past major buyers like China accepting less, debt auctions have been successful and rates "are not out of the zone of reasonableness."
