A few days ago, Trump made a statement on Air Force One, saying he had already locked in his pick for the new Fed Chair. As soon as this news broke, the 10-year US Treasury yield instantly crashed below 4%. What is the market sensing here?

Simply put, there’s a particularly interesting contrast right now. The current chair, Powell, has been harshly criticized by Trump for refusing to cut rates. But the new candidate, Hassett, is one of Trump’s closest confidants. As soon as the market heard he might take over, it immediately voted with its feet—Treasury auctions became incredibly hot. Isn’t this a clear sign that the era of massive monetary easing is coming?

Here are a few key signals:
First, Hassett’s odds on #Polymarket have surged to 74%. This guy is Trump’s chief economic advisor—they’re practically joined at the hip. In interviews, he’s gone out of his way to emphasize that the market’s reaction is “very, very positive”—there’s a lot of meaning behind those words, folks.
Second, and most telling, is that the 10-year US Treasury yield fell below 4%. Historically, every time this happens, it signals that a rate-cutting cycle is on the way. With the Treasury auction so hot and yields dropping, it’s obvious the market is betting the new chair will unleash massive liquidity.

Frankly, this is a classic Trump move. Back in the day, he forced the Fed to pivot quickly. If a compliant Hassett takes over this time, he might just crank the money spigot wide open. Imagine car loans and mortgage rates dropping—that’s no small matter. So this leadership change isn’t just a simple personnel shift; it could mean a massive shakeup for global financial markets. Ordinary people might not have caught on yet, but smart money is already making moves. #特朗普 #Powell #Hassett