U.S. Treasury Yields Take A Breather
After a roller‑coaster climb last week, the 10‑year U.S. Treasury was chilling at around 4.43% today. It’s still one of the highest in a month, thanks to a mix of political buzz and economic hints.
Why the Stickiness?
- Supreme Court Victory – A ruling favoring Trump has everyone daydreaming about a possible second term.
- Election Results – The surge in the latest vote count only amps up those inflation and policy hopes.
- Policy Expectations – If Trump returns, we anticipate a wave of tax cuts, tighter immigration controls, and even higher tariffs.
Currency Ripple Effects
The ticker is also pushing the U.S. dollar higher which gives the Japanese yen and Chinese yuan a bit of a squeeze. Meanwhile, across the Atlantic, the Eurozone bonds are still seeking direction after June’s slightly cooler inflation figures.
France’s Uncertain Terrain
After the French elections, concerns have eased but investors are still on edge, waiting for the second round of votes that could tilt the market’s mood.
