US Treasury yields soar most since ‘liberation day’ tariffs shook markets - Financial Times
US Treasury yields soar most since ‘liberation day’ tariffs shook markets - Financial Times
Source: Financial Times
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DW NOTE
The Fed hiked seven days ago and the curve has already steepened 25 basis points. Either bond holders think the central bank's single quarter-point move won't touch 5.4% producer inflation, or they've noticed the US borrowed $1.4 trillion in seven months and someone still has to buy what's left.