Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
Warsh faces Fed independence test as Bessent moves in on central bank’s turf
Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
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