American Century's Greenblath Talks New Fed Chair, Bonds

June marked a potential inflection for rates as Kevin Warsh was appointed as the new Federal Reserve chair by President Trump. While the article provides no policy details yet, the change raises uncertainty around the Fed’s future stance on interest rates, which can quickly reprice Treasury yields and duration exposure.

Analysis

June marked a potential inflection for rates as Kevin Warsh was appointed as the new Federal Reserve chair by President Trump. While the article provides no policy details yet, the change raises uncertainty around the Fed’s future stance on interest rates, which can quickly reprice Treasury yields and duration exposure.