Treasury Yields Slip as Markets Await Warsh's Jackson Hole Speech
Treasury yields moved lower on Monday as investors awaited Federal Reserve Chair Kevin Warsh's keynote address at Jackson Hole later in the week, with bond market pressure, persistent inflation and rising U.S. national debt in the background [3]. The 10-year Treasury yield, a benchmark for mortgages, auto loans and credit card debt, fell more than 2 basis points to 4.7120%, while the 30-year yield dropped more than 2 basis points to 5.2497% [3]. Treasuries gained at the start of a week in which comments from Warsh and Treasury Secretary Scott Bessent are expected to set the direction for yields [2]. Wells Fargo's Sarah House said Warsh may use Jackson Hole to address longer-term questions for the Fed rather than signal the next rate move, and said the U.S. economy continues to show resilience [1].
Sources
- bloomberg.com · US Economy Can Keep Growing Despite Higher Rates, Says House Aug 24, 2026
- bloomberg.com · Treasuries Gain With Bessent and Warsh Due to Set Direction Aug 24, 2026
- cnbc.com · Treasury yields fall as investors brace for Warsh’s Jackson Hole keynote amid bond fears Aug 24, 2026
- cnbc.com · Trump reshuffled his portfolio in June, selling names like Meta and buying Berkshire Hathaway Aug 22, 2026
This is the neutral brief the press writes once, for everyone, before each reader’s paper adds its own so-what. It links out; it does not republish. 4 articles clustered.