It's not just Trump: Bond investors can sway next Fed chair
Yahoo Finance·2025-12-31 17:36
President Donald Trump has choreographed a reality TV-like process in picking the next chair of the Federal Reserve. Another less-visible interviewer has a say in the process as well: Bond investors. The bond market demonstrated its enduring influence over the U.S. government when a spike in bond yields compelled Trump to pause his "Liberation Day" tariffs in April. He'd acknowledged investors had gotten "a little queasy" after a sell-off pushed yields on 10- and 30-year Treasury notes up by half a percen ...