Warsh Is Driving Treasuries Market, Whether He Wants to or Not
Federal Reserve Chairman Kevin Warsh has signaled that he wants bond investors to react to underlying changes in the US economy rather than commentary from the central bank. So far,...
By Greg Ritchie · Bloomberg Markets
Federal Reserve Chairman Kevin Warsh has signaled that he wants bond investors to react to underlying changes in the US economy rather than commentary from the central bank. So far, they’re doing the opposite.