Kevin Warsh Sworn In As Fed Chair | Real Yield 5/22/2026
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"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 Opportuniti
Tags: Aashna Shah, Franklin Resources (Franklin Templeton), Kevin M. Warsh, Margaret Steinbach, Michael McKee, Nancy Cook, Robert W Baird & Co Inc, Scarlet Fu, Societe Generale SA, Sonal Desai, Subadra Rajappa, The Capital Group, Warren Pierson
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