Warsh’s ‘Forward Silence’ Risks Bigger Treasury Market Swings

Investors are worried that Federal Reserve Chairman Kevin Warsh’s plan to reduce the number of interest-rate decisions each year could be a recipe for more volatility in the $32 trillion...

By Ye Xie and Edward Bolingbroke · Bloomberg Markets

Investors are worried that Federal Reserve Chairman Kevin Warsh’s plan to reduce the number of interest-rate decisions each year could be a recipe for more volatility in the $32 trillion Treasury market.