Kevin Warsh Sworn In As Fed Chair | Real Yield 5/22/2026

Su questo video

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Societe Generale Americas Head of Research Subadra Rajappa, Franklin Templeton Fixed Income CIO Sonal Desai, Capital Group Fixed Income Asset Class Lead Margaret Steinbach, and Baird Funds Co-Chief Investment Officer Warren Pierson.
 
 Chapters:
 00:00:00 - Real Yield opens
 00:00:31 - Bloomberg's Michael McKee and Nancy Cook
 00:04:22 - Subadra Rajappa: Convincing Committee To Be Dovish Going to Be A Challenge
 00:05:43 - Sonal Desai: Kevin Warsh Most Hawkish Nominee We Had in 20 Years
 00:07:25 - Desai: Give Him the Benefit of the Doubt
 00:09:25 - Rajappa on Current Market Environment 
 00:11:35 - Desai: Outlook is Not Good in US and Developed Markets
 00:13:27 - Rajappa: Fed Going To Keep Policy on Hold
 00:15:00 - Margaret Steinbach: Bonds Will Continue to Act As Defensive Anchor Going Forwards
 00:16:08 - Warren Pierson: Could See the Curve Steepen
 00:17:05 - Steinbach: Finding Opportunities Within Credit Markets
 00:18:02 - Pierson on Credit Spreads
 00:19:15 - Steinbach and Pierson on Credit and AI Debt
 00:25:28 - JPMorgan's Dimon Pushes Back on Mamdani's Tax Plans
 00:27:09 - Muni Supply Propelled By Mega Deals
 00:29:58 - What to Watch Next
 00:30:46 - Final Thought
 --------
 More on Bloomberg Television and Markets
 
 Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
 
 Connect with Bloomberg Television on:
 X: https://twitter.com/BloombergTV
 Facebook: https://www.facebook.com/BloombergTelevision
 Instagram: https://www.instagram.com/bloombergtv/
 
 Connect with Bloomberg Business on:
 X: https://twitter.com/business
 Facebook: https://www.facebook.com/bloombergbusiness
 Instagram: https://www.instagram.com/bloombergbusiness/
 TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
 Reddit: https://www.reddit.com/r/bloomberg/
 LinkedIn: https://www.linkedin.com/company/bloomberg-news/
 
 More from Bloomberg:
 Bloomberg Radio: https://twitter.com/BloombergRadio
 
 Bloomberg Surveillance: https://twitter.com/bsurveillance
 Bloomberg Politics: https://twitter.com/bpolitics
 Bloomberg Originals: https://twitter.com/bbgoriginals
 
 Watch more on YouTube:
 Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
 Bloomberg Originals: https://www.youtube.com/@business
 Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
 Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
 Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts