The US yield curve flattened sharply after Warsh’s first Fed press conference: 2s/30s yield spread down 17bps to 71.3bps w/2y Treasury yields jumped 16bps, whil...

The US yield curve flattened sharply after Warsh’s first Fed press conference: 2s/30s yield spread down 17bps to 71.3bps w/2y Treasury yields jumped 16bps, while 30y yields fell 1bp. Markets heard a hawkish Fed. https://t.co/ZzHXSridFw

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