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Macro Finance

Stocks Rise as Warsh’s Pledge Sinks Two-Year Bonds: Markets Wrap

Bloomberg Markets·August 27, 2026·1 min read

Wall Street traders sent stocks higher as Federal Reserve Chair Kevin Warsh’s vow to bring inflation under control bolstered investor confidence after a recent rout in longer-dated Treasuries. The pledge helped sink two-year bond yields, contributing to the market's positive reaction.

Read at Bloomberg Markets
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