Eric Levitz

The same administration that's been gutting biomedical research in the name of a pressing debt crisis is working round-the-clock to end the dollar's status as the world's reserve currency and permanently increase America's borrowing costs

Nick Timiraos @NickTimiraos

Despite a decent auction, the 30-year Treasury yield rose 6 bps to 4.849% on Thursday. Yields are up every day this week by a cumulative 0.458 percentage point, the largest four-day yield gain since March 18, 2020. Meanwhile, the dollar weakened nearly 1.6% on the day. From https://t.co/7YKC8Hh3eK

While many of you are likely yelling "GO PATRIOTS" or "GO RAMS!" I'm yelling "GO BOND MARKETS and the rule of finance capital!"

Tracy Alloway @tracyalloway

Aaaand never mind https://t.co/2rthmc8zNN

This is a fun quote, but it’s also saying something that anyone who’s ever logged onto this website already knows

Elaine Godfrey @elainejgodfrey

“I have been in the same room with Elon, and he always tries to be funny. And he’s not funny. Like, at all,” says a senior Trump administration official. “I keep using the word ‘annoying’; a lot of people who have to deal with him do. But the word doesn’t do the situation

In this house, we believe that no (agriculturally useful) person is illegal

Acyn @Acyn

Trump on deportations: We are going to work with farmers. If they have strong recommendations for their farms for certain people we’re going to let them stay in for a while… we have to take care of our farmers and our hotels and various places where they need the people https://t.co/OQEScOnGkq

RT @Birdyword: The miserable triple whammy begins again: Stocks down, 10yr bond yields up, dollar down. https://t.co/vXiYIAH1y7

RT @ForecasterEnten: "All of a sudden... Everything is magically delicious?!... Uh-uh!" -Americans overwhelmingly oppose (57%) the tariffs…

Notably, this does not include Trump’s forthcoming “sectoral” tariffs — which will increase the price of imported drugs and lumber (and thus, housing) among other things. Congress still needs to take this toy away from him.

Annie Lowrey @AnnieLowrey

Budget Lab on the new tariffs. A $4,400 tax hike per household in the short term. https://t.co/tW9pmwKQqy

RT @gbrew24: Euphoria of a tariff pause is giving way to a realization that tariffs on China remain at embargo-level while the climate of t…

RT @JHWeissmann: One thing to keep in mind: France, Spain, and Italy are much lower pay countries, on average, than the U.S. Even if factor…

RT @jbarro: The S&P 500 is still down 14% from its peak in February due to the president's antics and his supporters are talking about him…

Democrats can just say that the tariffs are bad https://t.co/6veVlKvIkY https://t.co/34MfFgco2P

RT @jasonfurman: I don't think people realize that in important respects tariffs are now higher & more inflationary than what was announced…

Trump's current tariff policies remain economically disastrous. Today's stock market rally is premised on the assumption that this is the first retreat of many. That's entirely possible. But it does not strike me as a safe bet https://t.co/aSLzmOluFn https://t.co/LDyQn6yrYz