Fed Rate Pulse

Markets will focus on Fed Chair Warsh's Jackson Hole speech as the main event, with Core PCE inflation closely watched after recent softer data.

Markets have priced in a neutral tone for Fed Chair Warsh's first Jackson Hole speech Friday, yet the fractured FOMC and near-19-year yield highs...

Fractured FOMC vote left rates unchanged but revealed growing conviction among policymakers that higher rates are needed. This division makes the Jackson Hole symposium a key catalyst for shifting rate expectations.

Treasury buyback expansion is holding the US Dollar Index below 99.00 near 98.80 while steadying 10-year yields at 4.7%, though surging oil prices from Iran sanctions could revive safe-haven flows and reinforce Fed rate hike bets.

• Fed minutes showed several participants favored a 25 bp hike at the July meeting, keeping a September increase on the table.
• Treasury announced...

Fed officials are treading carefully after Treasury's aggressive long-term debt buybacks, repeatedly stressing that monetary policy remains...

Federal Reserve Chair Jerome Powell spoke following the two-day FOMC meeting.

Bessent doubled long-dated Treasury buybacks to at least $4 billion per operation to influence yields, a move historically reserved for...

The U.S. Treasury announced it would at least double the maximum size of its buyback operations, targeting the longer-duration segment amid rising yields and the $40 trillion debt pile.

New Fed Chair Kevin Warsh will use his Jackson Hole speech to frame the “big questions” facing the Fed, especially inflation concerns.

Several Federal Reserve officials favored an interest-rate hike last month, with many indicating policy tightening would be needed if inflation persists.

• Treasury doubled longer-dated debt buybacks to $4 billion per operation, easing yields after sharp rises.
• Move raises debate over whether Treasury...

Yields fell after the US Treasury said it will double some buybacks, even as the Fed continues shrinking its balance sheet rather than expanding it.

The dollar index fell to three-month lows near 98.94 after the Treasury doubled buybacks of longer-dated bonds to ease yields that hit 5.337%. This...

July FOMC minutes reveal growing internal pressure for rate hikes amid persistent inflation above 2%.

• Hawkish tilt: "Many" participants said...

Treasury Secretary Bessent's decision to double long-term debt buybacks to at least $4 billion targets the 10-year yield after it hit 4.74%. The move...

Fed minutes revealed officials saw a rate hike as likely needed if inflation stalls, with three dissenters pushing for an immediate quarter-point...

FOMC minutes will clarify the hawkish-dovish divide after weak jobs data slashed September hike odds from 65% to 35%.

• Oil prices above $91 from...

The dollar index fell 0.21% to 99.43 as Treasury yields eased and investors positioned for today's Fed minutes release at 2 p.m. ET. Softer U.S. jobs and inflation data prompted scaling back of rate-hike bets.

July FOMC minutes arrive against a dovish market tilt shaped by post-meeting data misses.

• Hawkish tone on inflation risks, including energy prices...