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JUST IN: Trump to Intervene in the Bond Market: What Does This Mean for Bitcoin?
Analysts at The Kobeissi Letter indicate that a decision from the US government to curb the rise in Treasury bond prices is imminent.
In the past, Trump has made decisions with bond yields in mind.
According to analysts, Trump would seek to accelerate a deal with Iran or have the Fed cut interest rates.
The US bond market is under pressure not seen since the 2015 trade war, and several analysts believe that the Trump administration will intervene soon.