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‼️ HUGE: The US 10Y Treasury yield just broke above 4.50% for the first time since June 2025.
Meanwhile:
• 30Y yield hit 5.00%.
• 30Y mortgages approaching 7%.
• Inflation at a 3-year high.
Last April, this exact 10Y level triggered Trump's tariff pause.
The bond market is forcing the administration's hand again.
What does it trigger this time?