Investors are on alert as the yield on the 10-year Treasury note hit a new multi-decade high. The sell-off is also broadening in Europe, too.
Category: Powell, Jerome H
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The Global Bond Rout Reaches Worrying New Levels
The New York Times – Business: -
Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations
The New York Times – Business:A new report by the Federal Reserve’s independent inspector general concluded that a nearly $2.5 billion construction project was poorly managed but made no referrals to the U.S. attorney general.
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Fed Chairman Warsh Escapes Trump’s Ire Over Interest Rate Increase
The New York Times – On the Runway:The president blasted the rest of the Fed — and kept up his demand for a cut — but spared Fed Chairman Kevin M. Warsh from the criticism.
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Smaller Revision Points to More Accurate Jobs Numbers
The New York Times – Business:The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.
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Warsh’s Big Test at Jackson Hole
The New York Times – Business:Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.
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Warsh’s Performance Falls Flat With Markets as Fed Holds Rates Steady
The New York Times – Business:Kevin M. Warsh has made taming inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.
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What Private Credit Is, and Why Investors Are So Worried About It
The New York Times – Business:Some say the industry expanded too quickly and extended loans to companies that won’t be able to pay them back.
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Majority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting
The New York Times – Business:A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economic outlook.
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As Powell Steps Down, the Fed Confronts ‘Regime Change’
The New York Times – Business:Jerome H. Powell is passing the chair’s baton to Kevin M. Warsh at the Federal Reserve, an institution that President Trump’s pick says needs an overhaul.
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Senate Confirms Kevin Warsh as Fed Chair
The New York Times – Business:President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently.
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Why a Warsh-Led Fed May Keep Interest Rates Higher for Longer
The New York Times – Business:Kevin Warsh, President Trump’s pick to run the Federal Reserve, would face a growing inflation challenge if he’s confirmed.