FED'S SCHMID SAYS HE AGREES WITH WARSH'S FRAMEWORK ON WHY BOND YIELDS HAVE RISEN Schmid cites economic growth, demand for capital from AI investment, and geopolitical challenges. He says the economy is strong and growing, and that the Fed is in a fairly normalized place. He says Treasury buybacks do not make the Fed's job harder or easier, and that Powell's style differed from Warsh's in running meetings, the board,