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Trump's Fed attack adds to fear Treasurys, US dollar face emerging market-style risks
Federal Reserve governor Lisa Cook is the latest target of President Donald Trump, who is trying to remove her from office. Trump's efforts to reshape the Fed are starting to produce noticeable outcomes in the bond market and periodic weakness in the dollar. Signs of consternation over President Donald Trump's most recent attack against the Federal Reserve became more evident on Wednesday after the 30-year Treasury yield briefly inched toward 5% in a warning about the threat of future inflation. During the morning in New York, the 30-year yield rose closer to the 5% level last seen in July due to a selloff in its ... (full story)
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Aug 27, 2025 9:51pm
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Aug 28, 2025 7:04am
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Long-term U.S. Treasury yields continued to move higher on Wednesday following the latest efforts by President Donald Trump to take charge of the Federal Reserve. The 30-year Treasury yield rose 4 basis points to 4.948%, and the 10-year Treasury yield was more than 2 basis points higher at 4.281%. Meanwhile, the 2-year yield was lower by 3 basis points at ...
New York Federal Reserve President John Williams on Wednesday stressed the importance of central bank independence as President Donald Trump looks to exert control over monetary policy. In a CNBC interview, the influential policymaker avoided commenting directly on Trumps efforts to fire Fed Governor Lisa Cook but did note the important economic role the ...
From morningstar.com | Aug 27, 2025
President Donald Trump made a move to fire a member of the Federal Reserve's Board of Governors, potentially undermining confidence in the U.S. dollar and Treasury bonds - and boosting the appeal of gold and other assets perceived as safe havens. "The Fed's independence is its calling card, and the move to fire a governor is a direct assault on the Fed's ...