According to online reports, Federal Reserve Bostick said that further instability in the treasury bond market will increase uncertainty. As the Fed seeks more transparency, increased uncertainty will lead to further delays in policy adjustments. There are currently no risks in market operations. Uncertainty means that trade rules and other aspects of the economy are stable enough that people can make long-term spending and investment plans. U.S. economic activity will slow, but it is hard to say how it will be by industry and nationally. The Fed needs to be more certain about the outlook to be reassured about how monetary policy should shift.