They have been telling us what they are doing the entire time. They want to lower yields

If you listen to Scott Bessent and the Trump administration, they have been telling us what they are doing the entire time. Scott Bessent has at least been honest when telling us their priority is to lower the 10 year treasury yield and also cut interest rates. The plan had been going good since liberation day, because the yield dropped all the way down to 3.8%. Last night, the 10 year treasury spiked up to 4.5% and the 30 year reached over 5% as people started unloading their bonds. Coincidentally or not, the next day tariffs were “postponed.” Trump was even asked today if he saw the yield spike and he said people were getting a little “queezy” last night, but now yields are in a great position. I am focused on the yields to determine the course of the market. If these yields don’t come down, I think we can expect the worst from the economy, but the opposite if they do.

We had valuations on blue chip stocks that we have not seen in a long time (some in the last 5 years). Hopefully you didn’t miss the chance to buy low because of panic and fear, or this “world is ending” mentality. If yields drop down and rates start getting cut, I think they will shift their focus and we will see a boom in the market. This may be just the beginning of the down turn, so don’t miss the chance to buy!