I'm afraid the President's critics aren't always capable of critical reading. Consider:
> Ten-year Treasury yields have risen 39 basis points to 4.38% this week alone as prices tumble.
Ok, but the recent high point for 10-year yields was 4.79% on January 13. Why is this 4.38% alarming? And why is a brief intraday spike above 4.5% (in a foreign market) newsworthy? This reads like someone was looking for bad news to report.
> Ten-year Treasury yields have risen 39 basis points to 4.38% this week alone as prices tumble.
Ok, but the recent high point for 10-year yields was 4.79% on January 13. Why is this 4.38% alarming? And why is a brief intraday spike above 4.5% (in a foreign market) newsworthy? This reads like someone was looking for bad news to report.
https://ycharts.com/indicators/10_year_treasury_rate