๐ธ Treasury Gives Up
On April 9th, 2025, Trump announced a โtariff pauseโ as the 10Y Note Yield hit 4.60%. Days later, he said he had been watching the bond market, which drove his decision to pause the trade war.
Today, the 10Y Note Yield is +70 basis points above the April 2025 high. It seems the US Treasury has given up for now.
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@futures
๐ธ Treasury Gives Up On April 9th, 2025, Trump announced a โtariff pauseโ as the 10Y Note Yield hit 4
Trade Watcher
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