The point is close to where FED can cut rates but the market will not follow. US Debt is reaching unsustainable levels and the market for USTs is insufficient to absorb the growing deficits. Rising rates could now swiftly tip the US into insolvency- this is what Trump is seeking to avoid but it is increasingly difficult. Tariffs provide a short term income flow but cripple the US economy in the medium term. Trump in crisis mode managing the decline of US hegemony.