Top money-and-politics expert Thomas Ferguson breaks down the real drivers of Trump’s aggressive tariff agenda, from big crypto plans to a new world order emerging.
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In the usually steady government bond market, the yield on the 10-year Treasury has risen to about 4.5 percent from less than 4 percent at the end of last week.

Bond markets don’t often make front-page news but the recent sharp sell-off in US Treasuries appears to have been enough to prompt US president Donald Trump to pause his plans for new tariffs.

Traditionally, US Treasuries are seen as one of the world’s safest assets for investors. The United States government has long been regarded as a reliable and responsible borrower. That reputation has allowed the US to borrow at low costs for decades.

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