Citadel Securities says Federal Reserve Chairman Kevin Warsh’s policy commitment stabilizes long-term Treasury yields

According to Golden Ten Data, Citadel Securities stated that Federal Reserve Chairman Kevin Walsh's commitment to reducing inflation has enhanced the credibility of the Federal Reserve, supporting U.S. long-term Treasury yields and lowering the term premium. After last week's Federal Reserve meeting, in the U.S. Treasury market, which has a scale of 31 trillion dollars, long-term yields have remained more stable compared to two-year yields. Nohshad Shah, head of fixed income sales at Citadel Securities, said that a highly credible Federal Reserve benefits long-end rates.