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BSCN· 2026-07-29 20:22
Stocks slide as bond market calls Warsh's bluffThe Dow dropped more than 840 points today after the Fed's 9-3 hold, with the 30-year Treasury yield jumping 9 basis points to 5.19%, just under the two-decade high it set in May.Warsh said the Fed "will not hesitate to act." The bond market's answer was to sell. Per DoubleLine's Jeffrey Gundlach, the vigilantes want a hike before they believe the rhetoric. ...