The Journal. · Friday, September 4, 2026
Traders are currently divided, with a 50/50 probability assigned to the Federal Reserve hiking rates or staying steady at its upcoming meeting. This uncertainty, stemming from Fed Chair Warsh's shift away from forward guidance, is causing volatility in the treasury market.
“People are very uncertain about what the Fed is actually going to do at its next meeting later this month.”
“And right now, it's 50/50 whether the Fed will hike rates or stay steady.”
“That uncertainty is causing volatility in the treasury market right now.”