Trump Tariffs Still Uncertain, US Bond Yield Stabilizes After Continuous Rise

On July 9th. Following five consecutive trading days of increase, the yield of US Treasury has basically become stable. The market is observing the likelihood of Trump's tariff threats actually coming into being and what impact these policies will have on inflation and economic growth. The Federal Reserve will release the meeting minutes at 2 p.m. Eastern Time (2 a.m. on Thursday in Beijing Time). Meanwhile, the White House is exerting pressure on the Federal Reserve to cut interest rates, and Trump is also seeking a candidate to replace Powell as the Fed chair. In addition, there will be a 10-year Treasury bond auction at 1 p.m. Eastern Time, following the relatively weak demand for the auction of 3-year Treasury notes the previous day. (FXStreet)