Warsh: Strong Economy Drives Rising Bond Yields
Federal Reserve Chair Kevin Warsh attributed the recent rise in U.S. Treasury yields to a strong economy, according to his comments during a post-FOMC meeting press conference.
Warsh stated that the economy's resilience and potential for greater performance contributed to his optimism about the U.S. economy's future.
He also mentioned geopolitics as a factor, referencing 'hotspots around the world' rather than specifically mentioning the conflict in Iran.