Why reducing productivity in 10 years of bonds is more important for Trump than the stock exchange or interest rates

• Trump management spoke a lot The income of the 10-year treasury, forces to reduce debt expenses for Americans for the income, mortgage loans and other general loans. The information offers more households to be changed in interest rates than the swings on the stock exchange, but the effect of inflation can be the most effective economic issue for voters.

Donald Trump loved boast At the beginning of the first stint of the stock market in the oval office. But as stock prices fall again, back to tariff threats and assembly came Mean fearThe President said he had not used S & P 500 anymore Correction Area The index on Thursday, in mid-February, reduced 10%, as in the second term.

Instead, new management, including Treasury Secretary Scott Bessent, became more vocal bond market and collateral to reduce the debt costs for the Americans of Trump. Bessent, the 10-year treasury note in the spotlight of the President, the price of prices in the country has a decrease in reduction in $ 12.6 trillion prices, he said Mortgage marketMany corporate bonds and government payments to their interests.

“We are focused on the real economy. Can we create an environment where long-term earnings and long-term earnings for the American people?” Bessent said CNBC Thursday. “I’m not worried about a little volatility within three weeks.”

Regardless of Trump’s true feelings, the information offers to be more exposed to changes in interest rates in interest rates than the swings on the stock exchange. About six Americans on about 6, about 6, in 2023, a shareholder report according to a Galloup questionnaireAbout 80% of American households have some kind of debt, according to to the federal reserve. 10 years of productivity, 4,30% fell to about 50 main points a week before the trump’s in-day trump in the morning.

“More Voters S & P,” Political Strategic and Venture Investor affects more interest rates than S & P Bradley Tusk tell Fortune. “But the inflation is dwarfs.”

Clear markets are not fan Tariff uncertaintyThe odds returned a while a while. More protectionist measures are seen to grow more slowly, result in higher prices, both (the worst scenario) or what. As many Americans see the cost of falling in 401k and other pension plans in recent weeks, there is already an effect on the decline in products.

Mortgage rates Freddie fell a weekly month and a half of Mac estimate The agency said that the average speed of the 20-year mortgage fell to 6.65% after increasing 7% over in early January.

“Despite this small bay, the rates are still at the lowest levels of the year and continue to fall, the chief economist of the Spring Housing Market celebrated on Thursday.

Low mortgage payments cannot apply to the structure of the nation Lack of housingBut they could produce the felt homeowners “It is locked“In the prices they have earned before payment of the expenses in 2022. Mortgage loan application increased by 11% last week, according to An indicator calculated by the Association of Mortgage Bankers.

Why the Trump looks 10 years of treasure

Long-term fictions have been correlated highly with the loan period for banks for banks that allow the Central Bank to be transferred to the economy. However, the relationship is not perfect, because the free-floating assets market as a 10-year treasury is based on other factors, Math Sheridan, Allianbberbernstein’s leader portfolio manager for income strategies. Expectations for economic growth, inflation and financial policy have also played a role.

As bond prices increase and vice versa representing the annual return of an investor. Investors believe that the Fed will be forced to cut the ratios, which makes higher payments more attractive for new borrowing bonds.

On the contrary, if the government has concerns debt burden Increases, investors can require a higher turn. Over the past few months, the streams are less concerned about the federal deficiency of stable income investors, and now they are worried about the economy. Initially, many traders believed that Trump would be directed to the growth parties of the agenda, such as tax reduction and regulation.

“I think that investors were a little surprised that the new management prioritize tariffs,” he said.

White House spokesman, the small rally of the bond market has reflected the new leadership efforts to restore the “financial stability and confidence”.

“President Trump intended to restore the financial reliability of our nation, where the previous leadership was violated by the expenditure of the previous leadership,” Harrison deposits, Deputy Spokesman and the President’s Special Assistant and Special Assistant of the President.

BCA research, Chief Strategic President Marco Papic, Trump’ın first capital variability in the first time of the past, he said he was wrong. After all this, the president’s performance in January 2018 about 35 hours in about 35 hours in about 35 hours per PolicyS & P 500 decreased by 6% this year because of the first of the Trump trade war With China.

“When the Tweets of Tweets, the Tweets of President Tweets said,” Papik said.

There are some demographics low exposure Among the voters in the best way in the best way in the best way in the best way in the best way in the best way, with voters and more than $ 100,000 without a college rate.

“Probably not pays attention to the stock market, but in the market to buy a new home, the New York Mayor Michael Bloomberg serves as a campaign manager.

“But the work they do is to get groceries” or may want to buy a new truck. “

Automatic loans are aside, therefore increases inflation and potential price tariffs, the biggest living economic issues.

Correction: This story was made to think that the politics report boasted about 35 hours a day in January 2018.

This story was first displayed Fortune.com

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