🚀 The 3-3-3 Plan & Long-Term Interest Rates: What’s Happening? 📉

There’s a lot of buzz in the financial world right now! Treasury Secretary Scott Bessent has introduced the "3-3-3" plan, focusing on: 

✅ 3% real GDP growth 📈 

✅ 3% budget deficit (as a % of GDP) 💰 

✅ 3M more barrels of U.S. oil production per day🛢️ 

 At the same time, Trump’s team is prioritizing long-term interest rates—particularly the 10-year Treasury yield—rather than pushing for a direct cut in the Fed Funds rate. While Trump has no direct authority over the Federal Reserve’s short-term rate decisions, policies like increased oil production, deregulation, and economic growth could help cool inflation—potentially influencing the Fed’s stance over time. 

And we’re already seeing some movement! 📉 The 10-year Treasury yield has started to decline, and mortgage rates have edged lower. If this trend continues, borrowing costs could ease, affecting everything from home purchases to business investments. 

 As these policies play out, the economic landscape could keep shifting. Staying informed and adaptable could help in navigating what’s ahead.