JPMorgan and Apollo are urging Federal Reserve Chairman Kevin Warsh to deliver a strong rebuke of high inflation in his Jackson Hole speech to boost the long end of the Treasury market. A clear commitment to price stability could trigger buying of US 30-year bonds, whose yields recently hit the highest since 2007. Such a move would also support Treasury Secretary Scott Bessent’s efforts to halt a selloff in longer-term debt and manage the nation’s growing interest burden.

Investors believe Warsh’s speech on Friday could signal the Fed’s resolve to combat inflation, which is critical for stabilizing bond markets and easing fiscal pressures. The appeal comes amid rising concerns over persistent inflation and its impact on long-term borrowing costs. Both JPMorgan and Apollo emphasize that a firm stance from Warsh would reinforce market confidence in the Fed’s inflation-fighting credibility.

The Jackson Hole symposium remains a key forum for shaping monetary policy expectations, and Warsh’s remarks are closely watched for clues about future rate decisions. Market participants are particularly focused on how his message might influence the trajectory of long-term yields and overall financial stability.