Treasury Yields Flash Warning: Markets Fear Fed’s Inflation Fight Is Not Enough

Rising Treasury yields are sending a clear signal to Federal Reserve Chair Kevin Warsh: the market is “enormously worried” about inflation. The bond market’s move reflects deep concern over whether the Fed will back up its tough talk on inflation with concrete action. If the central bank fails to act decisively, yields could climb further, raising borrowing costs for consumers and businesses. Traders are closely watching for any shift in Warsh’s tone. For now, the message from Treasury markets is simple: words alone will not calm the panic.