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Treasurys, Dollar Whipsawed by Reports on Trump’s Plan for Fed
News July 16, 2025 at 02:59 PM
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What You Need To Know
- "Just threatening to 'fire' him is a bad precedent. It sends a bad message to the market," said Schwab's Kathy Jones.
- The markets largely stabilized by the afternoon after a chaotic hour of trading.
- The moves on Wednesday helped push the yield gap between 5- and 30-year Treasurs briefly to the highest since 2021.
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