
Treasuries have rallied heading into Kevin Warsh's first Jackson Hole speech as Fed chairman. The bond market typically sells off in the lead-up to the Fed's annual economic policy symposium in Jackson Hole, Wyoming. From 2011 to 2025, 10-year Treasury yields rose 5 basis points or 0.05 percentage points, on average, in the week prior to Jackson Hole, according to Vail Hartman, U.S. rates strategist at BMO.


















