Kevin Hassett Addresses Bond Market Volatility Amid Tariff Suspension

Following President Trump’s announcement of tariff suspension, the bond market experienced significant volatility. Treasury yields surged above 4.5% for the 10-year and 5% for the 30-year mark – levels not seen since initial tariff implementation. This unexpected price movement impacted risk assets like Bitcoin and triggered liquidity concerns. Kevin Hassett, Chair of the U.S. National Economic Council, emphasized that these market reactions underscore the importance of swift policy decisions as stated by Business Insider. 5 April 2025 saw significant bond yield increases. 10-year Treasury yields touched over 4.5% and 30-year yield jumped to above 5%, both levels unseen since the initial imposition of tariffs. Prices subsequently dropped sharply, affecting Bitcoin and leading to increased liquidity concerns.