JPMorgan and Apollo Urge Inflation Focus for Warsh’s Big Speech

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 express a strong determination to deal with high inflation to boost the long end of the Treasury market. Showing a clear commitment to price stability in his Jackson Hole speech on Friday may trigger buying of US 30-year bonds, whose yields hit the highest since 2007 last week. Such a move would also aid Treasury Secretary Scott Bessent ’s mission to stop a selloff in longer debt and manage the country’s ballooning interest burden.

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