It's no secret, the Trump administration wants lower rates.
“In my talks with [the president], he and I are focused on the 10-year Treasury [yield],” Treasury Secretary Scott Bessent said in February.
But that's been an understatement, according to a recent Bloomberg tally, which characterizes him as being unable to stop talking about the Treasury Note yield. He mentioned it five times in an appearance at The Economic Club of New York and talked about it on CNBC’s Squawk Box early in March.
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