GEOPOLITICS | Trump Signs Iran MoU; Warsh Debut Spurs Treasury Selloff
2026-06-18 12:12:56
US President Donald Trump downplayed several red lines his team had cited to justify the US war against Iran at a Wednesday press conference, after signing an Iran memorandum of understanding. In markets, according to Bloomberg, traders sold short-term Treasuries and increased bets on interest-rate hikes as soon as next month after new Federal Reserve Chair Kevin Warsh said in his debut press conference the central bank won’t tolerate high inflation.
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