
Treasury Yields Signal Inflation Anxiety, Pressuring Warsh on Rates
Rising U.S. Treasury yields reflect growing market worry about inflation and whether the Fed will back up its tough talk with action. With oil prices pushed higher by Iran tensions, the 10-year yield sits around 4.68% and the 2-year about 4.33%, signaling bond-market unease about rate hikes. Traders priced roughly a 38% chance of a rate increase at the next policy meeting (vs. 62% for a hold), indicating Warsh’s hawkish stance may face testing by inflation dynamics and financing needs from tech debt and a larger deficit.

