The tremors in the bond market represent a stark contrast to the historic run in the stock market. But economists and Wall Street analysts generally agree that the risks to small- and medium-sized banks grow substantially if 30-year Treasury bond yields rise above 6% and 10-year Treasury bond yields rise above 5%. Faced with the broad economic fallout of the bond market crisis, Trump suspended most of his import duties at the last moment. Federal Reserve Chair Kevin Warsh last week fueled doubts about the central bank’s willingness to hike interest rates to fight inflation. Warsh has been under pressure from Trump not to raise interest rates because they slow down economic growth.