Trump is completely panicked, full-scale panic

The only root cause: the US bond market has exploded

This week, the yield on the US 10-year Treasury bond skyrocketed to 4.46%, directly breaking the 8-month high; the bond market panic indicator MOVE index surged to its peak since April 2025, this is the VIX of the bond market, the entire market is screaming, seeking refuge, rushing to sell off

Trump is more afraid of a bond market collapse than anyone else, his achievements, the stock market's new high, and his re-election chips are all tied to US bonds

The so-called postponement of the final deadline by 10 days is not mercy at all, but a compromise forced by the rising yields with no way out

Covering ears and stealing the bell is useless

The market now recognizes only one antidote: a complete ceasefire

Only with a ceasefire can inflation expectations be suppressed, yields will turn down, and the financial system will not explode

Iran sees it clearly, deliberately dragging it out, deliberately consuming time, and will never yield

The higher the yields rise, the more anxious Trump becomes, the more he wants to wrap things up quickly, the more Iran can drive up the price

Dare to disagree?

Dare to confront?

The bond market will collapse directly, triggering a chain reaction that will lead to a global market circuit breaker, shattering the dream of a historic high for US stocks, leaving a mess everywhere

Trump dreams of US stocks reaching new highs every day, he cannot afford to drag it out, he does not dare to and cannot hold on

In this game, the bond market calls the shots, and Trump is completely restrained.