Just weeks after easing his self-imposed tariff turmoil, President Donald Trump may soon face fresh economic turbulence that could derail his agenda.
U.S. Treasury yields spiked on Monday, signaling investor jitters over the national debt—just as Trump tries to push through his “big, beautiful” tax bill that experts warn would add trillions to the deficit. The 30-year Treasury yield, which rise as the price of the bond falls, briefly rose above 5 percent while the 10-year Treasury yield reached 4.479 percent.
Analysts were quick to point out that the last time yields were this high, Trump became jittery about his tariffs plan and made changes.
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