Trump says bond market is ‘beautiful’
Trump said Wednesday that he is keeping a close eye on the bond market as he decides to suspend reciprocal tariffs. Speaking to reporters at the White House, Trump said, "The bond market is beautiful right now. I saw people a little bit upset last night." The bond market turned upside down immediately after Trump announced the tariffs were being postponed. Long-term bond yields had been spiking due to widespread concerns about the impact of the tariffs, but have now fallen.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreDominion Energy revealed in its latest conference call that if there are delays in the construction schedule of the offshore wind power project CVOW, the overall project cost is expected to increase by an additional $150 million to $200 million for each additional quarter required to complete the turbine installation.
The U.S. Space Development Agency has officially awarded AST SpaceMobile, Inc. a prime contractor contract worth $30 million to advance the "Halo Europa" program.
Crypto prices
More
