Bond traders price in over 70% odds of a Fed rate hike by December 2026 as Kevin Warsh takes over as chair amid persistent inflation above 2%.

Inflation is rising and there is a consensus forming among economists that interest rates should not come down in the near future.

Bond traders price in over 70% odds of a Fed rate hike by December 2026 as Kevin Warsh takes over as chair amid persistent inflation above 2%.