San Francisco Fed President Mary Daly stated that if bond yields remain at their current levels, there may be no need for the Federal Reserve to raise interest rates again. She noted that the surge in bond yields, which is equivalent to a market-driven interest rate hike, could obviate the need for further tightening by the Fed. However, it's worth noting that Daley does not have voting rights at this year's Open Market Committee (FOMC) meeting. 🏦📈 #FederalReserve #InterestRates #BondYields"