Fed Chair Warsh Lifts Treasury Yields as Traders Bet Over 50% on September Rate Hike
Fed Chair Kevin Warsh reaffirmed the central bank's commitment to fighting inflation on August 28 at the Jackson Hole Economic Symposium, sending a hawkish signal that rattled debt markets. The 2-year Treasury yield surged 12 basis points to 4.35%, marking its largest single-day jump since Warsh
GateNews·08-29 02:23
