Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for some market participants, the news was raising problematic questions.Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for some market participants, the news was raising problematic questions. Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for some market participants, the news was raising problematic questions.
Trump’s focus on 10-year Treasury yield to cut borrowing costs raises curiosity — and problemson February 6, 2025 at 9:03 pm
