An alarmed bond market gets the Trump administration to act again
The move comes after the 10-year Treasury yield topped 4.70% and the 30-year yield rose above 5%, officials said.
- On Wednesday, the U.S. Treasury Department announced it will more than double bond buybacks, successfully pressuring the 10-year Treasury yield down from 4.70% to 4.65%.
- Yields surged recently as investors demanded higher interest to offset inflation, government deficits, and the Iran war, with the 30-year Treasury climbing well above 5% for the first time since 2007.
- Big Tech firms, known as Hyperscalers, compete with Treasurys for investors by borrowing heavily to build AI data centers, pushing yields higher and increasing borrowing costs for households and companies.
- Wall Street analysts forecast the Fed will keep benchmark rates steady at its September meeting as recent inflation data shows signs of slowing, though Fed Chair Kevin Warsh has signaled little about future policy.
- Bond market pressure historically shaped President Donald Trump's decision to delay tariffs last year when investors grew anxious; markets now focus on Warsh's August 28 speech at Jackson Hole, Wyoming as the next potentially pivotal moment.
21 Articles
21 Articles
Trump: ‘Every Time I Hear Our Country Is Doing Well, I Say, That’s Too Bad’
President Donald Trump said he does not like hearing good economic news because such data makes it less likely that interest rates will come down. On Wednesday, the Treasury Department announced that it will more than double the amount of U.S. bonds it will buy back. The move comes as bond yields have been steadily rising since the beginning of the Iran war, which Trump launched in February. Higher yields mean a higher cost of borrowing, which c…
Trump gripes about Switzerland amid bond market pressure
President Donald Trump singled out Switzerland for its low interest rates when asked whether the administration had done enough to stabilize the bond market after 30-year Treasury yields surpassed a two-decade high this week. “I think it is, but I mean, it’s very sad,” Trump told the Washington Examiner on Wednesday. “Every time we do great, we announce great numbers, the interest rates go up, and they go up because they want to stop inflation. …
Associated Press News
An alarmed bond market gets the Trump administration to act again
Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world leaders.
Markus Koch reports to LIVE before the start of trading in New York. The US government announces increased bond purchases. This is currently lowering yields and stocks are rising significantly. The post Markus Koch LIVE – US Treasury supports bond market appeared first on finance marketwelt.de.
Coverage Details
Bias Distribution
- 47% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
