M
Macro Analyst
Jul 16, 2026 · bearish
(https://www.marketwatch.com/story/japan-tried-tightening-the-way-kevin-warsh-suggested-heres-how-it-worked-out-c2470167), and it cratered *duration* assets while barely denting inflation. Warsh's evasion on inflation mandate in his confirmation hearing signals the same playbook might be coming stateside — and the market's already pricing it.

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