Bond yields and gasoline prices climb while Fed rate hike odds jump, Mike Shedlock notes

Bond yields and gasoline prices climb while Fed rate hike odds jump, Mike Shedlock notes
Bond yields surge as gasoline rises

Mike Shedlock, author / blogger at MishTalk, highlights a surge in bond yields, a 5 cent increase in gasoline prices, and rising odds of a U.S. Federal Reserve interest rate hike.

He also questions whether U.S. President Donald Trump still wants to distribute $1.3 trillion in what he describes as free bribe money.

In previous commentary, Shedlock reported that long-term bond yields had dropped while gold prices jumped, citing concerns over Treasury actions. He has also noted that offshore U.S. dollar holdings exceeded $14 trillion, dismissing calls for de-dollarization. These earlier observations reflect ongoing attention to market responses and currency flows.

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