
Warsh's Hawkish Jackson Hole Speech Spurs 2-Year Yield Jump to 4.31%
Fed Chair Kevin Warsh's hawkish Jackson Hole speech on August 28 drove the 2-year Treasury yield up 12 bps to 4.31%, and market odds of a September rate hike surged to 55.7%.
2 stories tagged Kevin Warsh.

Fed Chair Kevin Warsh's hawkish Jackson Hole speech on August 28 drove the 2-year Treasury yield up 12 bps to 4.31%, and market odds of a September rate hike surged to 55.7%.
The Federal Reserve kept interest rates steady at 3.5%-3.75% with an 8-4 vote, the most dissents since 1992. Kevin Warsh is expected to become the next Fed chair as Jerome Powell remains a governor.