"The thing that is most prominent in putting pressure on long-term rates is inflows," Lockhart said at an event in Atlanta.
(Reporting by Howard Schneider; Editing by Paul Simao)
ATLANTA (Reuters) - Low U.S. bond yields are a sign of the American economy's relative strength compared to other major industrial economies, and reflect a global flight to safety, Atlanta Federal Reserve Bank President Dennis Lockhart said on Monday.
"The thing that is most prominent in putting pressure on long-term rates is inflows," Lockhart said at an event in Atlanta.
(Reporting by Howard Schneider; Editing by Paul Simao)