Why this ‘basis trade’ moment is so dangerous

Wild swings in Treasurys have investors worried something is about to ‘blow up’ in markets

The unusual surge in long-term Treasury yields has rattled investors in the aftermath of President Trump’s tariff-fueled “Liberation Day” — and the catalysts behind the turmoil could have a ripple effect across the entire financial ecosystem. As of Wednesday’s close, the 10-year yield (^TNX) jumped another 14 basis points to trade around 4.40%, even as Trump announced a 90-day pause on reciprocal tariffs for a swath of countries and also raised …

U.S. Treasury bonds are being sold off. Here’s why it’s concerning.

A week into President Donald Trump’s global trade war, stock markets remain volatile. Now, yields on the 10-year Treasury bond have jumped, signaling new panic.

Why this ‘basis trade’ moment is so dangerous

Also: The fact prices in the bond market are in decline at the same time as the stock market suggests there may be a liquidity crisis in the financial sector happening at the same time as the trade tariff crisis.

Why is everybody worried about the bond markets? - Washington Examiner

Markets for U.S. treasury securities sent a warning message Wednesday morning as fears rose about President Donald Trump’s tariffs and stock volatility continued.  Yields on 10-year treasury securities rose to 4.36% as of midmorning.  Why would traders care that yields rose on 10-year treasury securities?  It is a sign of trouble that treasury yields would rise as stocks and other assets are cratering.  To back up, the market for 10-year treasur…

Financial market crash affects US government bonds as a safe haven. Trump's customs policy affects dollars and inflation. ECB is concerned about key interest rates and digital dependence on Mastercard and Visa.

American sovereign debt is actually seen as a safe haven for investors in turbulent times. But Donald Trump's all-in-one customs envelope is simultaneously breaking stock and bond markets – an alarm signal. The developments in the live blog.