DoubleLine: Rising U.S. Treasury yields will help the Federal Reserve maintain its interest rates

Jinse Finance reported that on July 21, DoubleLine is increasing its holdings of short-term government bonds, citing that Federal Reserve Chairman Kevin Walsh's credibility among investors will help the central bank keep interest rates unchanged this year. Bill Campbell, the company's Global Sovereign Debt and Emerging Markets Portfolio Manager, stated that the elevated yields on U.S. Treasury bonds are pushing up borrowing costs. If data continues to show easing inflation, it could prompt the Federal Reserve to maintain current interest rates.