Why yields are rising

Jun 18, 2025

∙ Paid

Treasury yields are at the highs of the day with the 2 yr yield at 3.95% (up 2 bps pre presser) and the 10 yr yield at 4.39-.40% (up 4 bps) in response to the message Powell is sending that he’s not ready to cut rates anytime soon. Here are some Bloomberg News generated bullet points that lay this out:

*POWELL: WANT TO SEE SOME TARIFF EFFECTS ON INF. BEFORE JUDGING

*POWELL: LABOR MARKET ISN'T CRYING OUT FOR A RATE CUT

*POWELL: GOING TO LEARN MORE ABOUT TARIFFS OVER SUMMER

*POWELL: PASS THROUGH OF TARIFFS TO CONSUMER INF. IS UNCERTAIN

*POWELL: CAN'T ASSUME TARIFF INFLATION HIT WILL JUST BE ONE-TIME

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