DAILY BRIEF
Warsh wins credibility with Fed rate hike: 5 takeaways, 10s +1bp · Thu 17 Sep 2026
Treasuries (close 2026-09-16): 2s 4.74% (+7.0bp), 10s 5.01% (+1.0bp), 30s 5.35% (-1.0bp).
Tape (close 2026-09-16): VIX 17.71, 2s10s +27bp.
Narrative: Federal Reserve hikes key rate for first time in 3 years, defying Trump demands for a cut, World News - AsiaOne
What mattered:
• Warsh wins credibility with Fed rate hike: 5 takeaways
• Bank of England shifts tone toward rate hikes as inflation set to top 4% - Reuters
• Borrowing costs fall after Bank of England ‘surprises’ markets with bond sale change
• Federal Reserve: Two more hikes seen as inflation stays too high – UOB
• U.S. equities rebound as the Fed delivers its first rate hike in three years