Wharton professor Jeremy Siegel suggests that Kevin Warsh, a potential Fed chair candidate, could spark a market rally with his remarks at Jackson Hole this week. Bond yields have spiked due to inflation jitters, but Siegel sees no reason for panic. The Treasury is reportedly considering using its General Account to fund bond purchases, which helped lower yields on Monday. Siegel believes current yield levels are not a dire sign for the broader market.
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