Warsh Says Five-Year Inflation Fight Won’t End Fast as 30-Year Tops 5.2%: What Do Prediction Markets Say?
The Fed held rates for a fifth straight meeting, but the 30-year Treasury surged to 5.21% as Warsh spoke. Prediction markets say a hike is coming anyway.
Interest rates (the cost to borrow money) are staying high for a long time, and markets think they might go up more soon. This affects tech companies like NVDA and MU because higher rates make their expensive growth plans harder to pay for.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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