Bond Market Signals Limits of Trump's Influence Over Interest Rates, Le Monde Columnist Writes
Tariffs, the conflict with Iran and heavy US government financing needs are pushing up ten-year yields, according to Le Monde editorialist Stéphane Lauer.
According to a column in Le Monde by editorialist Stéphane Lauer, the bond market is signaling to President Donald Trump that the price of money "cannot simply be decreed."
Lauer writes that tariffs are weighing on prices, the conflict with Iran is pushing up energy prices, and the US government's financing needs remain considerable. Together, these factors are contributing to a rise in the ten-year interest rate, according to the column.
Sources
- « Le marché obligataire rappelle à Donald Trump que le prix de l’argent ne se décrète pas » — Le Monde — Une
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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