Why the Fed's Warsh Has 'No Good Options'
Pepperstone Research Strategist Dilin Wu describes the bond market as "ahead of the Fed," arguing that rising yields on treasuries is a structural issue in the economy. She also warns that Fed Chairman Kevin Warsh is left with only bad options to address the rising cost of servicing US bonds. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.