BUSINESSMARKETWATCH
A panicking Fed is just what the bond market needs, says Bank of America’s chief strategist
Bank of America strategist Michael Hartnett suggests new Fed Chairman Kevin Warsh may need to raise interest rates soon to reassure the bond market, particularly the long end of the Treasury curve.
Mentioned
Related Signal
Adjacent reporting
- The Prospect of a Quieter Fed Could Roil Bond Prices
- Warsh’s Fed plan means it’s time to read the bond market backwards, says Morgan Stanley chief—and it could be great news for borrowers and homeowners
- The bond market is already hiking rates as Kevin Warsh takes over as Fed’s new chair
- Kevin Warsh's bond market bind
- Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates
- A former Fed colleague of Kevin Warsh on what to expect: ‘Plan for higher rates’