Since Trump took office in Jan 2025, the 10-year yield has dropped from 4.79% to 4.17%. Look how much it’s dropped today!
That 0.62% drop may not sound like much—until you realize the U.S. has $36.5 trillion in debt.
This is stealth refinancing on a historic scale.
Lower yields = trillions in interest savings.
More breathing room. Less inflationary pressure.
And the market is front-running it.
Everyone’s watching tariffs.
But this yield curve shift?
It’s the real game.
Trump isn’t just cutting spending—
he’s restructuring America’s balance sheet in real time.