Warsh at Jackson Hole: 10-Year Jumps to 4.67% on Hawkish Turn
Chairman Warsh called inflation the Fed’s ‘predominant focus’ at Jackson Hole 2026, pushing the 10-year Treasury yield to 4.67% and shrinking near-term rate-cut bets.
Chairman Warsh called inflation the Fed’s ‘predominant focus’ at Jackson Hole 2026, pushing the 10-year Treasury yield to 4.67% and shrinking near-term rate-cut bets.
Bessent’s doubled long-end buybacks pulled the 10Y from 4.72% to 4.65% in a session. More than half the rally was gone by the next close.