Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email This email address is being protected from spambots. You need JavaScript enabled to view it. to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/536bf6d9-722d-46be-b490-71e63988176c As economists have upped their growth and inflation forecasts, the Fed’s approach has been repeatedly tested. Losses for long-dated Treasury bonds have mounted, resulting in the worst quarterly performance in more than four decades. Yields, which rise as prices fall, have in turn surged.
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