US Treasury bonds explained: Why Trump tariffs have investors freaking out and scratching their heads

“Put simply, the US long-bond rate — the Treasury — is the most important price in global finance,” David McWilliams, global economist and author of “The History of Money: A Story of Humanity,” told The Post.

“It determines how much the US government pays in interest, the size of the US government debt, the price of all American mortgages is determined by it, and the value of every company on Wall Street stems from it.”

McWilliams said that when yields on US bonds rise, “everything else goes down.”

“If the monetary world had a North Star, the US Treasury rate would be it.”

Iran disemboweled dissident before transfer to Germany, autopsy reveals

 

Iranian authorities had removed several organs from dual national Jamshid Sharmahd before transferring his body to Berlin after his sudden death in an Iranian prison while awaiting execution, the family's lawyers said Friday.

 

The lawyers said autopsy results revealed that several organs, including his tongue, larynx, thyroid, and heart had been removed before his body was transferred to Germany, hindering a full investigation into the cause of his death.

 

The possibility that Sharmahd may have been poisoned cannot be dismissed, according to lawyer Patrick Kroker.

 

His body was in poor condition Kroker said, adding that the corpse had only two teeth remaining.