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%
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