Trump didn't care that the stock market was crashing. Bond yields were the 'pain point' that finally got him to pause tariffs

Contributing sentiments towards policy:

62% : " In fact, in the first few days of the market meltdown, Trump seemed to be getting his way.
59% : Virtually since his inauguration, Trump's been pushing to bend the Fed to his will and help bring down rates.
53% : Rob Arnott, founder and chairman of Research Affiliates, a firm that oversees investment strategies for $150 billion in investment funds, puts it bluntly: "Trump cares more about the 10-year Treasury than about the stock market," he says.
47% : President Trump didn't seem especially bothered by the epic fall in stock prices following his unveiling of extremely high and far, far loftier than anticipated tariffs in early April.
34% : Trump seemed to be reckoning that though the payoff from tariffs would take time, Americans while waiting would gain big benefits from borrowing costs that looked like a relative bargain.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.