General Discussion
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Treasury yields soared today on 10 year bonds. Bond rates jumped to 4.3% which hasn't been seen recently.
Don't believe the talk that Krasnov getting the Fed to lower interest rates will lower mortgage rates, they aren't that connected, but when Bonds start to rise so will mortgage rates.
The stock market rose today because it looks like the Supreme Court is going to allow Lisa Cook to stay on the Fed.
Krasnov wants to crash the dollar that's why he wants interest rates at zero.
From Investopedia -
Key Takeaways
The 10-year U.S. Treasury yield climbed to its highest level in months as renewed trade tensions and policy uncertainty rattled global bond markets.
Higher yields reflect investor concerns about inflation, rising deficits, and the risk that tariffs could reignite broader economic instability.
As borrowing costs rise, households and businesses may face more expensive mortgages, loans, and investment financing.
The bond market, which has made President Donald Trump rethink policy before, is protesting again and sending borrowing costs higher.
Krasnov doesn't give a shit about the economy, he wants to crash the dollar.
exboyfil
(18,344 posts)yellow dahlia
(4,851 posts)I use the House of Cards analogy often.
A HERETIC I AM
(24,863 posts)Down about 0.1%.
They have risen over the last 6 trading sessions, however, the ten year from 4.14% on the 15th to 4.25% today.
Signals a selling trend, but it's not an enormous move.
I won't hold my breath however. International holders of Treasuries could easily flood the market with paper they are holding.
fujiyamasan
(1,320 posts)Once he tacod out today, the market jumped and the yields fell.
A HERETIC I AM
(24,863 posts)The TACO was as predictable as the sunrise, wasn't it? LOL!
But still, the rise in yields over the course of the last few trading sessions indicates a selloff of some size, which is what we can not afford.
fujiyamasan
(1,320 posts)To try to shake out retail investors so his billionaire buddies can buy in cheaper.
The market almost seems immune to his craziness but I think the rising yields did spook Wall Street. In the long run thats definitely not a good sign and international investors will look elsewhere for a safe haven if this keeps going.