Bond Heavyweights Target a 'Sweet Spot' as They Position for Hawkish Warsh Fed
- Major bond investors are zeroing in on specific maturities and sectors to navigate the early 'Kevin Warsh era' at the Federal Reserve, Bloomberg reports, with a preference for the belly of the curve.
- Positioning reflects expectations that Warsh will lean hawkish to counter sticky services inflation and AI-driven asset valuations, pushing investors away from long-duration risk.
- The shift comes ahead of a pivotal week that includes the Supreme Court Cook ruling, the ECB forum in Sintra, and Friday's June jobs report (https://www.bloomberg.com/news/articles/2026-06-28/bond-heavyweights-target-a-market-sweet-spot-for-new-warsh-era).