U.S. Treasury Yield Rises After Besant's Trade Remarks Clash With Trump’s Tariff Strategy

Bond Yields Rise as Trade Rhetoric Sends Mixed Signals

According to BlockBeats, the U.S. 10-year Treasury yield jumped 6 basis points after U.S. Treasury Secretary Besant delivered remarks that appeared to contradict President Donald Trump’s tariff-driven strategy. Besant framed the ongoing trade discussions with the EU as sincere, referencing the 90-day negotiation window proposed on April 2.

However, Trump dismissed the EU’s offer as inadequate, announcing sweeping tariffs — 50% on EU imports and 25% on Apple — intended, in part, to pressure bond yields downward.