Kevin Warsh, a former member of the Federal Reserve board, is being considered for the position of Treasury Secretary in the upcoming Trump administration.
The speculation surrounding Warsh"s potential nomination has caught the attention of Wall Street, with some analysts linking a recent rally in Treasuries to the optimism surrounding his candidacy.
Market experts, such as Jim Reid from Deutsche Bank and Christoph Rieger from Commerzbank, suggest that the bond market"s performance has been significantly influenced by the hopes that Warsh will be appointed to the Treasury position next year.