#BessentTreasuryYields
About BessentTreasuryYields
US Treasury Secretary Bessent told Axios on Oct 3 that rising Treasury yields broadly track global bond markets and are not yet a major concern. He would worry more if the rise were unique to the US, and sees no clear shift from Treasuries into German or Japanese bonds. The 10Y yield had reached 5.34%, its highest since 2002, while the 30Y hit a more than 20-year high. Despite weaker NFP data, yields rebounded quickly after a brief dip and remained elevated.
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🇺🇸 Trump made a huge claim about poverty in America, and he says the official numbers prove it.
“African American poverty, Hispanic American poverty, and Native American poverty rates are all at the lowest levels, meaning the best numbers ever recorded.”
Forget the political spin for a second: do the official numbers actually back this up?
Writer: Val
You cannot inflate away 40 trillion dollars of debt and keep your currency intact
The Kobeissi Letter
BREAKING: President Trump says higher US inflation will "pay off" US debt "very rapidly" in response to total US debt rising above $40 trillion.
"I know I'm the best in the world... you can pay off the debt through other means. But the one thing that you can do is pay it off through growth, and we've never had growth like this," Trump said.
US Treasury yields hit a new high of the day after the statement.
Incredible economic numbers are out but the media doesn’t want you to know about it.
We have the lowest poverty rate in history, the highest median income in history, and gas prices are still below what they were under Biden.
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🚨 JUST IN: President Trump is SILENCING the “experts” by rattling off win after win — THEY SAID THIS WAS IMPOSSIBLE
- Mercedes-Benz is investing $4B to expand its plant in Tuscaloosa
- U.S. Steel is investing $475M at its plant near Birmingham
- Eli Lilly is investing $6B to create a new factory in Huntsville
- ArcelorMittal is investing $1.2B for an advanced steel manufacturing facility in Mobile
“We just opened a brand new facility to build Navy submarines in Cherokee — and we're building new Coast Guard Cutters right here in Mobile.”
HUGE COMEBACK UNDER TRUMP
They said he’d throw us into a depression but he’s surging the forgotten men and women into a GOLDEN AGE
You can thank the tariffs and America first policies for this. VOTE RED OR IT STOPS 🇺🇸