Hassett: The turmoil in the bond market has "increased a bit" the urgency of suspending tariffs

According to a report by Jin Shi, the Director of the National Economic Council of the United States, Hassett, stated that fluctuations in the bond market were not the direct cause of Trump's suspension of tariffs, but may have added "a bit of urgency" to this decision. "Everything is going on in an orderly manner. There is no doubt that yesterday's treasury bond market made such a response. You know, it is time to take action, and I think it may be more urgent. But it will happen," Hassett said. On Wednesday night, the yield of the 10-year treasury bond bond rose to more than 4.5%, and the yield of the 30-year treasury bond bond soared to more than 5%, and the bond price plummeted.