Forex
Warsh Vows to Tackle Inflation, Sending Yields Higher
US Treasury yields rose on August 28, 2026, as Federal Reserve Chairman Kevin Warsh emphasized the need to rein in consumer prices during a speech at the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming.
Warsh delivered his comments at the annual symposium, easing some of the bond market's worries about his inflation-fighting credibility. Traders ratcheted up bets that the central bank could start raising interest rates as soon as next month.