Bond Market Update
Updated: 16-Jul-25 12:07 ET
Powell firing highly unlikely, unless there is fraud
Trump Speaks
- President Trump, in Oval Office, tells press pool he is not ruling out possibility of firing Fed Chair Powell but says it is highly unlikely, unless there is fraud
- Yield check:
- 2-yr: -5 bps to 3.91%
- 3-yr: -4 bps to 3.89%
- 5-yr: -4 bps to 4.01%
- 10-yr: -1 bp to 4.48%
- 30-yr: +1 bp to 5.03%