Two-Year Treasury Yields Set for More Chaos Under Warsh Fed, Goldman Warns
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Goldman Sachs Asset Management warns that two-year Treasury yields could become more volatile as Federal Reserve Chairman Kevin Warsh reshapes how the central bank communicates. Kay Haigh, a strategist at the firm, made the comments on Bloomberg Surveillance with Lisa Abramowicz and Annmarie Hordern. The shift in communication strategy under Warsh may unsettle short-term bond markets, which closely track Fed policy signals.