Treasury Yields Hit 5.23% as Bond Stress Builds, Trump Targets Fed's Cook, SpaceX Rattles Telcos
Treasury yields hit multi-decade highs with four technical warning signs of further selling and Pimco warning of 6% on the 10-year; Trump forms a White House committee to investigate Fed Governor Lisa Cook; SpaceX's spectrum deal sends Verizon, AT&T and T-Mobile tumbling; and Iran's tanker attacks in the Strait of Hormuz hit a wartime high, squeezing oil flows. In this episode: • Bond market stress intensifies as Treasury yields hit multi-decade highs, with four technical warning signs pointing to further selling —…
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