Successful $22 billion auction of 30-year U.S. debt calms deficit fears, stocks rally on disinflation signals

From Quiver Quantitative: 2025-06-16 23:22:00

Treasury yields dropped after a successful $22 billion auction of 30-year U.S. debt, with a yield of 4.844%. The dollar hit a three-year low, while equities surged on reduced inflation concerns. President Trump hinted at raising auto tariffs to boost domestic manufacturing but stopped short of replacing Fed Chair Powell. Analysts expect stock market growth to slow due to high valuations and uncertainty about future catalysts. Geopolitical risks from potential tariff hikes weighed on auto stocks like GM, Ford, and Stellantis. Overall, markets await key inflation data and trade developments to guide future trends.



Read more at Quiver Quantitative: U.S. Long-Bond Auction Calms Deficit Fears, Stocks Rally on Disinflation Signals