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The bond market is signaling the future:
Every major policy shift by Trump is driven by the same "invisible commander": the 10-year U.S. Treasury yield.
📉 4.60% → Pause tariffs
📉 4.30% → Purchase $200 billion in mortgage bonds
📉 4.45% → Delay strikes on Iran
📉 4.45% → Delay strikes on Iran again
Trump knows better than anyone: the bond market is a matter of life and death. Policies can be tough, but financing costs must not collapse.
#特朗普 # U.S. Treasury yield #10年期国债 # Middle East situation #伊朗 # Macroeconomics