The gap was just 1 percent not huge. The yield increased by less than one percent. It's just an indicator that unless the administration wakes up, this could be the start of a yield spike with sharp volume drop
Why is anyone surprised that US Tsry yields are at 5%? The current administration has been doing everything to double the rate! The Moodys downgrade was a gentle tap on the wrist. Not a rebuke at all. But it's served to get bond investors to finally see reality. The Big Beautiful Bill will tank the economy. Coming close on the heels of the tariff disaster, it just confirms that this administration is full of loony toons and a supine bunch of republicans just looking to survive.
$Trump Media & Technology(DJT)$ no. Trump is having too much fun. He's getting his revenge on the establishment. And playing golf. He's going to amp up in the coming months. Buckle up for the ride