As Trump blasts Fed to lower rates, it’s the bond market in need of convincing - MarketWatch
1. Trump blasts Fed Chair Powell for steady interest rates amidst economic concerns. 2. Market shows reluctance for lower rates despite Trump's pressure for tax cuts. 3. Rising U.S. deficit forecasts add uncertainty to bond markets and longer-term yields. 4. Fed Governor Waller suggests potential for rate cuts if inflation worsens. 5. 10-year yield expected to hold between 4% and 5% this year, depends on economy.