New York Fed's Williams says yield surge due to strong economic prospects
The central bank policymaker in a CNBC interview did not commit on whether he thinks an interest rate hike is necessary.

The central bank policymaker in a CNBC interview did not commit on whether he thinks an interest rate hike is necessary.
Uber is cutting small teams by nearly half and allowing about 1% of its workforce to continue working remotely.
The Energy secretary spoke to CNBC's Brian Sullivan in Venezuela on Wednesday, after President Donald Trump announced a massive oil deal with Caracas.
Trump’s meeting with travel executives comes after a World Cup that showcased his unusually close relationship with FIFA President Gianni Infantino.
The airline is partnering with Chase on the effort, saying it wants to build on that company's Sapphire Reserve Lounge Network.
Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.
An increase in the supply of pickup trucks comes as Ford experienced its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August.
Apple stock hasn't been this inversely correlated to its tech peers since 2005.
"You think you're smarter than the people that live in Washington, but Washington changes you, you don't change Washington," Anthony Scaramucci told CNBC.
American Airlines is adding its most premium seats to its largest planes, which it uses for its most popular long international flights.
Thyme Care has raised $125 million from investors in a deal doubling the cancer startup's valuation as it tackles critical disease treatment gaps.
The resistance to data centers is gaining steam and occurring nationwide.
U.S. forces completed another wave of strikes against Iran on Tuesday stateside, hitting multiple Revolutionary Guard sites across the country.
The U.S.-Canada trade dispute and the descent into a retaliatory tariff blitz complicated the job for the Bank of Canada in its Wednesday decision.
Chevron's move comes amid a U.S. push to increase oil production in Venezuela.
Dell might've delivered the best quarter of the year.
Abel said Berkshire has a clear view of the impacts AI is having across its portfolio of companies, and Google's position relative to the technology is strong.
Mortgage rates continue to rise, pushing some buyers to riskier, adjustable-rate loans in order to find savings. Rates are at the highest level since June 2025.
Nepal's devastating floods have raised fresh concerns for the country's vital adventure tourism industry ahead of its peak travel season.
Fedorov is launching a defense tech company backed by Palantir CEO Alex Karp, aiming to turn Ukraine’s wartime experience into new technologies.
In an appearance on CNBC's "Squawk Box," Greg Abel said that yields in the country are still relatively low.
Zelenskyy urged airlines to avoid Russian airspace, warning that expanding Ukrainian drone operations are making the skies increasingly unsafe.
China's Xi gave Iran's Pezeshkian a brief, low-profile audience at the SCO summit, as Beijing seeks to avoid appearing close to Tehran ahead of a high-stakes summit with Trump.
"There are certainly signals, in our view, that Meta's product pipeline could start flowing following this legal clearing event," analysts said.