Fed Chair Warsh's Comments Spark Market Repricing; 30-Year Treasury Yields Surge 10bp to 5.21%, S&P 500 Falls 1.5% on July 29
Following Fed Chair Kevin Warsh's comments at the FOMC press conference on July 29, market concerns about the Fed's inflation-fighting credibility prompted a sharp repricing. The 30-year Treasury yield surged 10 basis points to 5.21%, marking the highest level since June 2007, while the 2-year yield
GateNews·07-30 08:23
