{
  "id": 3990011,
  "title": "Equities rise with 2-year yields, dollar as rate hike bets rise following Warsh speech",
  "url": "https://urgent.news/2026/08/28/equities-rise-with-2-year-yields-dollar-as-rate-hike-bets-rise",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T15:46:56.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/currencies/articles/shares-turn-cautious-ahead-warsh-015638766.html"
  },
  "original_language": "en",
  "account": "On Friday, global equities indices and U.S. Treasury yields rose alongside the dollar following a speech by Federal Reserve Chair Kevin Warsh at the Fed's annual economic symposium in Jackson Hole. Warsh stated that the central bank would \"have work to do\" if policymakers did not feel confident that inflation was returning to its 2% target, indicating that financial conditions do not appear restrictive. This sparked a surge in bets that interest rates would be raised at the September meeting, with the probability increasing to 55.7% from 35.4% on Thursday. While three Fed officials have previously warned about sticky inflation, Warsh's comments marked a shift in his stance, as he had previously resisted providing forward guidance on interest rates. Gary Schlossberg, global strategist at Wells Fargo Investment Institute, noted that Warsh \"threw a lot of dots out there and when you connect them, in effect, that's what he was saying\", suggesting that unless inflation rolls over, more rate increases may be on the horizon. Wall Street indices reacted positively to the news, with the Dow Jones Industrial Average up 0.30%, the S&P 500 up 0.38%, and the Nasdaq Composite up 0.41%. MSCI's global equities gauge also rose by 0.24%. In the bond market, the 2-year note yield increased by 7.84 basis points to 4.312%, while the 10-year note yield rose by 2.01 basis points to 4.692%. The U.S. dollar gained strength following Warsh's remarks, with the dollar index increasing by 0.36% to 99.47.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "Rate-hike expectations rise on Warsh speech at Jackson Hole",
        "url": "https://urgent.news/2026/08/28/rate-hike-expectations-rise-on-warsh-speech-at-jackson-hole-3982290",
        "published": "2026-08-28T15:02:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}