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Trump wants lower yields on 10-year bonds. Can he make that happen?

Feb 6, 2025
The new administration hopes that energy dominance and government efficiency can bring down borrowing rates.
Treasury Secretary Scott Bessent (left) with President Donald Trump and Commerce Secretary nominee Howard Lutnick in the Oval Office. Bessent said the administration's policies will reduce 10-year bond yields.
Jim Watson/AFP via Getty Images