Geopolitics

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

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DW NOTE

Trump issued $8 billion in new tariff exemptions this week after 10-year yields spiked 47 basis points in nine days. The bond market didn't ask — it simply repriced the fiscal path until the White House complied. Yields are back to 4.48%, but the 5.99% PPI print says the inflation problem those yields were pricing hasn't gone anywhere.

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

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