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Open original source ↗I believe he is telling you he believes the rise in yields is about the price of oil. (Get it down, and yields go down too)
The problem is that yields (orange) are powering higher even as oil (blue) is well off its spring highs.
More than oil is pushing yields higher. https://t.co/dQ08sqKfbh
Quoted context
These are the quoted author’s words.
Reporter on Bond Market: The yields have come back up since then. Have you talked to Bessent about another type of intervention.? Trump: The ultimate intervention is our military. And if we have to use that, we will. https://t.co/JNQWvLoglr
Acyn ↗