Trump Blinks as Big, Bad Bond Market Bares its Teeth: McGeever - EnergyNow

Trump Blinks as Big, Bad Bond Market Bares its Teeth: McGeever - EnergyNow

Source: EnergyNow

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DW NOTE

The Fed hiked into a bond selloff and the 10-year is now at 4.96% — up 5.53% in a month. That's the market repricing deficit risk with fiscal year 2026 closing at $1.9 trillion and no credible spending discipline in sight. The curve normalising to +0.26% isn't stability, it's bondholders demanding compensation for holding duration when the Treasury is still printing.

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