Jun. 22 at 1:08 PM
4/8: Fed Chair Warsh launches 5 task forces to review policy framework, communications, inflation analysis, AI impacts, and balance-sheet runoff path for
$6.7T holdings
$TLT $IEF $SHY $MBB $SPY
PickAlpha View: this is a medium-term process that raises headline risk but does not immediately change the policy stance, keeping front-end pricing anchored while term premium becomes more sensitive to messaging shifts...