Comments from St Louis Fed President Bullard

  • Unlikely long-term yields will rise with rate hikes
  • St Louis Fed recommendation is for no planned policy rate hikes
  • Yield curve would invert in late-2018 if the FOMC follows its projections
  • Yield curve inversion is a bearish signal for economy

"Both policymakers and market professionals need to take the possibility of a yield curve inversion seriously," he said.