4.435% now.
Reposted from
Carl Quintanilla
YARDENI: “.. Trump administration officials have been taking credit for the recent drop in bond yields .. Unfortunately, the 10-year .. yield is up .. to 4.36% this evening!
“.. investors may be starting to worry that the Chinese and other foreigners might start selling their US Treasuries.”
“.. investors may be starting to worry that the Chinese and other foreigners might start selling their US Treasuries.”
Comments
Between them they hold 44% of the US foreign debt.
The simultaneous 1/2% fall in DXY (the dollar value index) suggests that some (very) large investors have had enough and are preparing for some unhappy times in the US economy.
Or both.
https://www.cfr.org/blog/dangers-debt-russia-and-chinas-gse-dumping
That time, China declined Russia's offer to conspire to dump all of their GSE's
We may not be lucky this time around...
You have to be a major black swan guru to prepare a portfolio for a 104% tariff on Chinese imports
If China dumps its US debt bonds, it's only 2%, but that's still $760B dropped on the market at once--leading to other debtholders dumping
- if the US$ price drops
- then the Fed would have to raise rates &
- the dollar weakens, just as we enter a tariff war
"When are you going to say thank you for us buying all your debt?
His power is unconstrained and he’s surrounded by sycophants and cowards.
Things will only get worse.
I want to say Tom Clancy, but I think it was someone else.
The bungled pandemic response taught folk nothing, picking pigs and morons for a cabinet was blown off.
#SignalGate #SignalGate #SignalGate #SignalGate
Who did not see this coming? Who? The complicit greedy didn't.
https://www.nytimes.com/2025/04/08/us/politics/jd-vance-peasants-china.html?unlocked_article_code=1.-U4.4oba.BVNmMwL1NXaa&smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=7B5A6240-15BE-4C4F-A09C-0EB142079F03
So people are scared to lend money to the US.