The Treasury yield curve could flatten in the wake of Trump’s weekend tariff announcements, ING said.

Treasury bond prices move inversely to bond yields, but the impact isn't uniform across the yield curve. Short-term Treasurys are more affected by changes in the Federal Reserve's monetary policy ...

We document the size of that risk premium in the below graph. It shows the zero-coupon yield curve implied by current Treasury prices compared with the annualized compounded yield on 3-month ...