The US Treasury market is experiencing a volatile start to July, with yields rising and prices falling. The outcome will depend on three key factors:
Treasury Secretary Scott Bessent’s approach to issuing debt,
the Trump administration’s ongoing tariff policy,
and the Federal Reserve’s plans for rate cuts.
These elements have the potential to significantly impact the market’s trajectory.
Source: https://www.barrons.com/articles/treasury-market-yields-bessent-tariffs-federal-reserve-a28af669