An Inflation-Focused Warsh Speech Can Give Long Bonds a Boost

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world A chorus of investors is urging Federal Reserve Chairman Kevin Warsh to provide a strong rebuke of high inflation to boost the long end of the Treasury market. Showing a clear commitment to price stability during his Friday speech in Jackson Hole may trigger buying of 30-year US government bonds. That would bring down yields that last week hit their highest level since 2007. Such a move would also aid Treasury Secretary Scott Bessent ’s mission to stop a selloff in long-duration debt and manage the country’s ballooning interest burden.

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