WH NEC advisor Kevin Hassett is on the wires saying:Says "of course" when asked about confidence in Fed Chair WarshWarsh job is now easier following the day's inflation dateHasset says Warsh is a realist. The yield curve is steepening with the 2 year down -1 basis pointat 4.225% and the 10 year up 4.7 basis points at 4.667%. The 30 year is up 6.9 basis points at 5.213%. Higher long-term Treasury yields raise borrowing costs across the economy because they influence rates on:30-year mortgagesCorporate bondsAuto loansCommercial real estate financingState and local government borrowingAs those borrowing costs rise:Housing activity tends to slow. That is the plan for Warsh in getting inflation lower.