Lofty bond yields, Bessent’s intervention pose challenge to Fed’s Warsh

Washington (United States) (AFP) - US Treasury Secretary Scott Bessent's controversial efforts to lower Treasury yields have potentially put him at odds with Federal Reserve Chair Kevin Warsh, complicating the latter's communications challenge this week. Warsh will deliver the opening address at the annual central bankers conference in Jackson Hole, Wyoming, on Friday, and will be expected to…