[Video｜WisdomTree Chief Economist: If Warsh Clarifies Key Indicators on Friday, the Market Could See a Significant Rally] WisdomTree Chief Economist Jeremy Siegel stated in an interview with CNBC that he does not believe the current U.S. Treasury market is in such disarray that it requires additional liquidity support, and a 10-year Treasury yield rising to 4.75% is not a 'critical threshold.' He believes the truly important event is the speech by the new Federal Reserve Chair Kevin Warsh on Friday. The market may not necessarily need explicit forward guidance but wants to understand which indicators the Federal Reserve is focusing on and what it will base its policy decisions on. Jeremy Siegel believes that if Warsh can deliver a clear and credible policy framework, the market could even see a noticeable rally on Friday. Conversely, if the speech is too bland, the market may continue to 'test' the new Federal Reserve Chair.