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Open original source ↗Reminder
“The president wants lower rates… He and I are focused on the 10-year Treasury and what is the yield of that.”
— Treasury Secretary Scott Bessent, 2/5/25.
The 10-year yield at 4.60% is just 2 bps from the highest yield since Trump took office on Jan 20, 2025. https://t.co/Iyd0bxwrEI