Wosh’s “silent governance” ignites a bond-market trust crisis: the yield on 30-year U.S. Treasuries has surged to its highest level since 2007, and Wall Street is furious, accusing the Federal Reserve of losing control of the $3.1 trillion market. Although inflation shows signs of cooling, core PCE has been above the 2% target for six consecutive years; the fragile deceleration in prices cannot hide the cost of policy ambiguity.

#美联储 #美债风暴 #沃什困境 #通胀顽固 #Market loses its anchor