- Bond investors at Brandywine Global Investment Management and Wellington Management see a rising risk of a deeper Treasury rout as uncertainty over the Fed's response to the evolving economy persists.
- The Fed left interest rates unchanged last week, and Warsh did not outline a plan to curb price pressures.
- Warsh is considering reducing the frequency of scheduled policy meetings, according to a New York Times report cited by Bloomberg.
Quotes
“The Treasury market is signaling that Warsh’s inflation-fighting credibility is eroding”