After Trump dismissed Cook, the yield curve of U.S. Treasury bonds became steeper.

Jin10 data August 26 - Following Trump’s removal of Lisa Cook from the Federal Reserve Board of Governors, the U.S. Treasury yield curve steepened during the Asian morning session. Independent market analyst Tina Teng stated that expectations for a Fed interest rate cut have increased following Trump’s posts on social media, resulting in rising prices for short-term U.S. Treasuries. However, the prices of long-term bonds are falling, partly due to increased uncertainty in the U.S. economy.

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