New Fed Chair, Global Rates Surge | Master The Markets

Hinzugefügt: 2026-05-20

[00:00:00]Hello friends, thanks for tuning in to Master of the Market. So, historic week. So, we have a new Fed chair, Mr. Kevin Marsh, taking the reins. And that's happening as interest rates around the globe are spiking. Not only here in the United States, where we're seeing our 10-year note above or approaching 460 as we sit here on a Monday, but also in Japan, the highest yield since the '90s. In Germany, the highest since 2011. In the UK, the highest since 2008. So, this is all related to energy, right? What's going on with this kerfuffle that still remains unresolved with Iran and oil prices spiking, but also debt and deficit. So, it's going to be interesting what Mr. Warsh has to say as he gets started as Fed chair. We do know or heard that there's going to be maybe less forward guidance. So, we're going to we're going to find out about that maybe pretty pretty quickly. But come Wednesday, we do get the minutes from the last Fed meeting, and that's going to be interesting because that was the meeting where several Fed officials dissented. One wanted a deeper rate cut.

[00:01:01]Three didn't want to remove the language that we would be cutting again at all.

[00:01:06]So, it's going to be a fascinating week.

[00:01:08]Watch key levels carefully. Obviously, 4 and 1/2% on the 10-year note is a big one. Getting comfortable over there would be no bueno. We'll talk to you soon. Bye for now. [clears throat] >> [music]