The 10-year treasury has jumped nearly 20 basis points overnight to 4.47% this morning.

Here’s why:

Trump’s policies are seen as more inflationary due to factors like:

– Tariffs (raises prices on imports)
– Deportations (creates labor shortages)
– Tax cuts (increases… pic.twitter.com/FbhuihL1t7

— Brandon Roth | CRE Debt & Equity (@RothCRE) November 6, 2024