Episode Details

The bond markets surge, with the ten-year Treasury note reaching over four point six percent, is causing concern in Washington. Higher borrowing costs could slow the economy, affecting mortgages and business loans. The Federal Reserves potential interest rate hikes add to the pressure. The administration is grappling with the impact on everyday Americans, hoping the Iran situation is temporary. Treasury Secretary Scott Bessent believes the energy shock is the main driver and will not last. The administration continues to push its economic growth agenda, aiming to keep investors confident.

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