Fed’s Warsh Rocks Bond Market in Debut, Sparks Surge in Rate-Hike Bets

Jun 18, 2026 | Markets

Traders piled into betting on interest-rate hikes as soon as next month after Kevin Warsh used his debut press conference as Federal Reserve chairman to make clear the central bank won’t tolerate high inflation. Two-year Treasury yields, which closely track...

Australia Probes Private Credit Lenders, Warns on Valuations

Jun 17, 2026 | Markets, Private Credit

Australia’s corporate watchdog is investigating a number of private credit funds and warning industry managers to make sure that asset valuations are “grounded in realistic assumptions” before an end-of-month reporting deadline. “We’re absolutely 100% unequivocally...

Warsh Forms Task Force to Review Fed’s $6.7 Trillion Balance Sheet

Jun 17, 2026 | Markets, Private Credit

Federal Reserve Chairman Kevin Warsh said he is appointing a task force to examine the central bank’s $6.7 trillion balance sheet, a first step in addressing a policy issue he has long criticized. Warsh said one of the independent task forces he is forming will...

War Drains Oil Inventories to Critically Low Level at US Hub

Jun 17, 2026 | Markets

Customers desperate for oil are draining so much of it from giant storage tanks in Oklahoma that producers are having trouble keeping up. Inventories at Cushing, the largest commercial crude oil storage hub in the US, have fallen for eight weeks in a row and now stand...

JPMorgan’s Michele Says Fed Market Message Is to Brace for Hikes

Jun 17, 2026 | Markets

JPMorgan Asset Management’s Bob Michele expressed surprise at the hawkish tilt from the Federal Open Market Committee under new Chairman Kevin Warsh, saying policymakers sense more risk from inflation pressures than Wall Street had expected. “Half the committee is...

US Manufacturing Output Stalls for the First Time This Year

Jun 15, 2026 | Markets

US manufacturing production stalled in May after four months of gains as a drop in chemical and petroleum output masked ongoing strength in categories tied to the data center boom. Factory output was little changed last month after an upwardly revised 0.7% advance in...