Traders in the roughly $30 trillion Treasury market were assessing President Donald Trump's nominee to be the next leader of the Federal Reserve and coming to the conclusion that they aren't going to end up getting everything they want. On Friday, the bond market was trading in a manner that suggested there were some worries over Trump's selection of former Fed governor Kevin Warsh to replace Jerome Powell, whose term as Fed chair ends in May. Long-dated Treasury yields edged slightly higher, while shorter-term rates dipped - producing a wider gap between the two, known as a steeper curve. In particular, the concern ... (full story)