Jeffrey Sherman of DoubleLine Capital said that the Federal Reserve needs to raise interest rates to convince traders of its commitment to reduce inflation and ease market concerns that will push 10-year US Treasury yields above 5% this week. The asset management company's deputy chief investment officer said in an interview with Bloomberg TV that Federal Reserve Chairman Kevin Walsh “will be able to help by raising interest rates tomorrow.” Sherman said, “The market is already digesting expectations of interest rate hikes; they either act or just shut up.” Sherman also said that the Federal Reserve needs to release a signal that it will raise interest rates further after the 25 basis point hike on Wednesday. Doing so would reverse the policy easing brought about by the Federal Reserve cutting interest rates three times since September 2025. Swap traders have basically absorbed expectations of 25 basis points of interest rate hikes this week, and expect a cumulative rate hike of about 0.95 percent by September 2027.
智通财经·09/15/2026 16:57:03
语音播报
Jeffrey Sherman of DoubleLine Capital said that the Federal Reserve needs to raise interest rates to convince traders of its commitment to reduce inflation and ease market concerns that will push 10-year US Treasury yields above 5% this week. The asset management company's deputy chief investment officer said in an interview with Bloomberg TV that Federal Reserve Chairman Kevin Walsh “will be able to help by raising interest rates tomorrow.” Sherman said, “The market is already digesting expectations of interest rate hikes; they either act or just shut up.” Sherman also said that the Federal Reserve needs to release a signal that it will raise interest rates further after the 25 basis point hike on Wednesday. Doing so would reverse the policy easing brought about by the Federal Reserve cutting interest rates three times since September 2025. Swap traders have basically absorbed expectations of 25 basis points of interest rate hikes this week, and expect a cumulative rate hike of about 0.95 percent by September 2027.