Kevin Warsh: Markets Have Pushed Treasury Yields Higher Over 42 Days, Policymakers to Watch Data
Kevin Warsh noted that markets have already driven Treasury yields up over the last 42 days, and that the Fed will continue to monitor market reactions and incoming data before deciding on future rate moves.
Former Federal Reserve Board member Kevin Warsh observed that Treasury yields have already been driven up by markets in the past 42 days. He noted that this market‑driven tightening of financial conditions is something policymakers are carefully watching.
According to Warsh, the central bank will remain reactive to both market signals and forthcoming economic data before making any decisions on future rate moves. The comments underscore a data‑dependent approach that avoids pre‑committing to a specific path.
Source: Cointelegraph