@MuskyMelon@lemmy.world to

politics @lemmy.world • 1 month ago

The bond market is worrying that 'something may be breaking beneath the surface' of Trump's tax bill

6

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The bond market is worrying that 'something may be breaking beneath the surface' of Trump's tax bill

@MuskyMelon@lemmy.world to

politics @lemmy.world • 1 month ago

6

Saxo Bank’s Charu Chanana says: “The bond market is sending out distress flares."

The 10-year Treasury hit 4.63% and the 30-year Treasury hit 5.15%.

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NaibofTabr
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1 month ago
no shit son

Trump exploded the value of the US dollar by destroying the trustworthiness of the US as a trading partner, and the market is responding.

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