Fed’s Warsh lays out forces driving up bond yields

Fed's Warsh lays out forces driving up bond yields

Federal Reserve Chairman Kevin Warsh suggested on ​Wednesday that among the forces pushing up bond yields, a loss in confidence in the central ‌bank's inflation fight mettle is not on that list.

Warsh: Rising bond yields a sign of strong U.S. economy

Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates Wednesday as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.