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JPMorgan, Apollo Urge Inflation Focus for Warsh’s Big Speech

  • Investors want Fed Chair Kevin Warsh to deliver a clear, inflation-focused message at Jackson Hole to calm long-term Treasury markets and pull down 30‑year yields, which recently hit highs not seen since 2007.
  • Markets are jittery because Warsh’s evasive communication has dented Fed credibility—his words could materially reshape the yield curve and borrowing costs.
  • Traders are watching Warsh plus next week’s jobs and CPI data; persistent inflation and $40T+ U.S. debt are keeping yields elevated.
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