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Economic··Severity 7

Warsh Is Driving Treasuries Market, Whether He Wants to or Not

Federal Reserve Chairman Kevin Warsh has signaled that he wants bond investors to react to underlying changes in the US economy rather than commentary from the central bank. So far, they’re doing the opposite.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

41%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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