Back to today’s briefing

Story perspectives

U.S. Growth Surges Amid Falling Yields and Low Confidence

12/24/2025

37 5 Full Breakdown

Summary

Story summary

U.S. Treasury yields fell slightly as the 10-year yield stood at 4.169%.
U.S. economic growth expanded by 4.3% in Q3, surpassing expectations.
Consumer confidence dropped to its lowest reading since April amid ongoing tariff concerns.
Upcoming data on consumer confidence and durable goods could influence future rate-cut expectations.
Bond markets will close early on Wednesday as year-end holidays reduce trading activity.

History

Historical Context

The U.S. economy faced significant challenges in the early 1980s, marked by a recession beginning in January 1980 and peaking with unemployment at 10.8% in December 1982. Federal Reserve Chairman Paul Volcker's aggressive interest rate hikes aimed to combat inflation, which had soared to 13.5% in 1980. This period reshaped economic policies, influencing current discussions on monetary strategies amid fluctuating growth rates.

1 of 2

Story summary

U.S. Treasury yields fell slightly as the 10-year yield stood at 4.169%.
U.S. economic growth expanded by 4.3% in Q3, surpassing expectations.
Consumer confidence dropped to its lowest reading since April amid ongoing tariff concerns.
Upcoming data on consumer confidence and durable goods could influence future rate-cut expectations.
Bond markets will close early on Wednesday as year-end holidays reduce trading activity.

1 / 2