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0.015564738292011 0.015564738292011 0.015564738292011 -0.0024793388429753 0.0172176308539945 0.0123966942148759 0.0148760330578512 -0.00578512396694217
Stock impact report

How the bond market helped make Trump blink on tariffs: 'I was watching it.' [Yahoo! Finance]

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Yahoo! Finance
In the lead-up to the president's pivot, markets were unraveling: Stocks slid sharply, with the S&P 500 on the brink of a bear market. But the real alarm bell? A sharp, unexpected surge in long-term Treasury yields — a move that seemed to force the president's hand. "The bond market is very tricky. I was watching it," Trump admitted to reporters shortly after the announcement. "People were getting a little queasy." At its highs of the week on Wednesday, the 10-year yield ( ^TNX ) traded at 4.47%, a massive 60 basis point swing from Monday's low of 3.87% and the biggest three-day jump since December 2001. Notably, Wednesday's surge pushed the 10-year yield back to late-February levels, an unsettling signal for a president who has long pressed for lower rates. The 30-year Treasury yield faced a similar trajectory, jumping as much as 25 basis points this week to hit its highest level since November 2023. At its peak, the three-day jump marked the steepest climb in long-term yields Show less Read more
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