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Bond Market Tests Warsh as Energy Prices Keep Climbing

Brent crude is back above $100, diesel is closing in on $6 a gallon, and bond investors are testing whether Treasury Secretary Scott Bessent and Fed Chair Kevin Warsh can keep yields under control.

Chuck Zodda and Paul Lane discuss why diesel prices could keep rising, how Treasury buybacks and Bessent’s “I am the house” comments are being received by markets, and why next week’s Fed meeting could become a defining credibility moment for Warsh. They also cover growing AI safety concerns after an Anthropic researcher quit over out-of-control fears, why adjustable rate mortgage headlines may be…

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