Trump hints Hassett may stay; Warsh hawk path lifts bond yields
TL;DR
Trump suggested Kevin Hassett may remain at the White House instead of becoming Fed chair, a stance that could boost odds for hawkish Kevin Warsh and push the 10-year Treasury yield above 4.2% as markets price fewer rate cuts under a Warsh-led Fed.
- Bond yields jump after Trump hints Hassett won't be named Fed chair as Wall Street eyes hawk Warsh Fortune
- Opinion | Trump’s Fed lawfare backfired quickly The Washington Post
- Stock market today: Dow, S&P 500, Nasdaq slip, chip stocks rise as Wall Street ends volatile week lower Yahoo Finance
- Trump Praises Hassett, but Casts Doubt on Making Him Fed Chair The New York Times
- Trump tells Hassett he wants to keep him where he is; Warsh Fed chair odds jump CNBC
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