PANews reported on May 25th that, according to Jinshi, as Warsh officially took office as Chairman of the Federal Reserve, interest rate futures showed that the market had begun betting on a Fed rate hike this year. The two-year Treasury yield rose from a March low of 3.36% to approximately 4.12%, and the 30-year Treasury yield briefly broke through 5.2%. However, Navin Saigal, Global Head of Fixed Income for Asia Pacific at BlackRock, stated that under Warsh's leadership, the Fed has ample reason to maintain or even cut interest rates, and the job market may face future pressure. The safer option at present is to remain on hold. Chitrang Purani, Portfolio Manager at Capital Group, said that the threshold for raising interest rates remains high, and the Fed under Warsh's leadership will remain patient before taking further action, focusing on observing the transmission of inflation to the labor market and financial conditions.