
TRUMP FOCUSED ON 10-YEAR YIELD AND NOT THE FED, SLOWER AI GROWTH FEARS ON ARM EARNINGS
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. 10 Year In Focus Please click here for a chart of 20+ year Treasury bond ETF (TLT). Note the following: The chart shows TLT had previously touched the top band of the support zone. The chart shows yesterday TLT broke out above the top band of the support zone. TLT took a leg up for two main reasons: Treasury Secretary Scott Bessent said that Trump wants to focus on the 10-year yield to reduce borrowing costs instead of the Fed’s short term benchmark.