By Michael S. Derby
SEOUL, June 2 (Reuters) - Federal Reserve Governor Christopher Waller said Monday rising bond yields are being driven by worries over government deficits and investors' caution over U.S. assets.
Waller, speaking in Seoul, South Korea, said yields for Treasury bonds have increased due to worries about huge levels of government borrowing.
Also, Waller said when it comes to some communications from the Trump administration, “there seems to be an attitude that foreign buyers of assets are not welcome in some sense,” which has driven some foreign buyers away.