ZB1! - Will Donald Trump Pump The Bond Market? On Wednesday, Trump mentioned the need to lower interest rates as the tariffs will have major effects with the rates being where they are at now.
In the last, whenever yields rise, bonds will fall and we have been seeing this from the beginning of September 2024, with minor signs of retracement (factoring Jan 2025 bull run)
Overall, when you look at price action over the past few weeks, it seems as though the bull run has slowed down and there could be a chance for bonds to drop to 116 going into next week.