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Global Bonds Recover as Warsh’s Inflation Fight Calms Market

Key Points

Global bond yields retreated Thursday, calming a pressured market after the Federal Reserve’s rate hike and Chairman Kevin Warsh’s vow to tame inflation, while traders awaited Friday’s Bank of Japan decision.

Global bond yields retreated Thursday, calming a pressured market after the Federal Reserve’s rate hike and Chairman Kevin Warsh’s vow to tame inflation, while traders awaited Friday’s Bank of Japan decision.
Warsh (PERSON) the Federal Reserve’s (ORG) Kevin Warsh (PERSON) Bank of Japan (ORG)
Originally published by Bloomberg Markets Read original →