Politics

Federal Reserve Nominee Faces Bond Market Challenges

Updated 2026-05-18 16:35 UTC 1 source Neutral

Kevin Warsh, nominee for Federal Reserve leadership, faces his first major test as global bond markets send mixed signals about borrowing costs. His confirmation hearing is imminent.

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Axios

Kevin Warsh's bond market bind

Kevin Warsh hasn't even been sworn in as leader of the Federal Reserve yet, and his first great test has already arrived.The big picture: Global bond markets are sending borrowing costs<

2026-05-18 15:58 UTC