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Citadel Securities Says Warsh Could Stabilize Long US Bonds (opens original article in a new tab)

TL;DR

Citadel Securities says the Fed's new approach could stabilize long-dated Treasury yields and lower term-premium due to Chairman Kevin Warsh's focus on reducing inflation.

  • Citadel Securities states that the Fed's new regime may stabilize long-dated Treasury yields
  • Federal Reserve Chairman Kevin Warsh's commitment to lowering inflation supports the Fed's credibility
  • The Fed's actions could lead to lower term-premium

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