BNP Paribas Says Warsh Can Prove Credibility With Rate Hike

Camille de Courcel, head of developed markets rates strategy at BNP Paribas, discusses the outlook for Treasury yields ahead of today's US inflation data and next week's Federal Reserve decision. "I think he's [Fed Chair Kevin Warsh] seen that the July FOMC meeting did not look credible enough for the market," de Courcel tells Bloomberg Television. "He really sees that window of opportunity to show credible and suggest that there will be hikes. So if you don't deliver on that, you can run into a a vicious circle."