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Bond yields show labor market is more important for interest rate traders than inflation
CNBC Televisionยท2025-08-15 18:51

Rick Santelli is in Chicago. But Rick, what's it going to take to really get the Treasury bond market moving. Because with the exception of about three weeks in April, it's kind of been, as you and I have talked about, kind of been stuck for a while.Well, you know, but where is it stuck at. If you look in May, uh, we touched 4% like really briefly and rocketed back up in tens. See, we may be considered orderly, and I think that's a good accurate description.But the curve is steepening. It's steepened about ...