Fed's Williams Turns Hawkish, US Treasury Repo Falls Short of Cap

TechFlow reports that on September 25, according to Jinshi Data, Federal Reserve Governor Williams recently signaled a hawkish stance, emphasizing that monetary policy must remain at a restrictive level. On the same day, the U.S. Treasury conducted repo operations for 20- to 30-year Treasury bonds, with the final settlement size not exceeding the $6 billion cap.

On the Middle East front, the U.S. and Iran are seeking to resume talks related to the Strait of Hormuz through diplomatic channels. Meanwhile, Houthi forces struck Saudi Aramco's oil and gas facilities in Riyadh and Yanbu, raising concerns over potential disruptions to regional energy supplies.