Trump amps up fight for Fed control

Long-term U.S. Treasury yields continued to move higher on Wednesday following the latest effort by President Donald Trump to take charge of the Federal Reserve. The 30-year Treasury yield rose 4 basis points to 4.948%, and the 10-year Treasury yield was more than 2 basis points higher at 4.281%. The 2-year yield was lower by 3 basis…

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Trump says he’s firing Fed Governor Lisa Cook

The U.S. Treasury yield curve steepened on Tuesday with short-term yields falling and long-term yields rising after U.S. President Donald Trump moved to fire Federal Reserve Governor Lisa Cook from the central bank’s board. The 2-year yield was more than 5 basis points lower at 3.679%, while the 30-year yield added less than 2 basis points to…

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