Fed Decision Could Define the Next Era for Bonds

The Financial Exchange Show · Sep 16, 2026 · 37m · transcript

The Fed is set to announce its latest rate decision, but the bigger question may be whether the bond market has entered a new regime.

Chuck Zodda and Marc Fandetti discuss why today’s Fed meeting matters, what Kevin Warsh needs to prove in his press conference, and how the 10-year Treasury crossing 5% has raised bigger questions about real rates, deficits, and the cost of servicing U.S. debt. They also break down why higher real interest rates could create long-term fiscal pressure, whether a 50-basis-point hike would be too much, and Todd Lutsky joins for Ask Todd to explain probate, trust…