How the bond market spanked trump and caused his U turn

[Tommy Tainant]

What are bonds and why have they spooked Donald Trump?

The reason the US president had to back down on tariffs once investors started dumping treasury bonds

www.theguardian.com

It looks like it was the crash in the bond market and the sell off of govt debt that sobered up trump and caused his hasty retreat.

The same thing happened to crazy Liz truss during her short lived premiership.

It shows how tight the financial establishment has a hold on the government. I think most of us see that as a bad thing. But money talks.

To condense the article it looks like the bankers stopped seeing the US as a good bet and the price of govt paper crashed.

It certainly reduces trumps room for manouver. I think Liberation Day is now consigned to history. I would suggest his tax cuts options are more limited as well.

Still his mates made fortunes on the inside trading.

 

[Blaster]

A masterful move by Trump. The guy is a genius.

 

[Meister]

What are bonds and why have they spooked Donald Trump?

The reason the US president had to back down on tariffs once investors started dumping treasury bonds

www.theguardian.com

It looks like it was the crash in the bond market and the sell off of govt debt that sobered up trump and caused his hasty retreat.

The same thing happened to crazy Liz truss during her short lived premiership.

It shows how tight the financial establishment has a hold on the government. I think most of us see that as a bad thing. But money talks.

To condense the article it looks like the bankers stopped seeing the US as a good bet and the price of govt paper crashed.

It certainly reduces trumps room for manouver. I think Liberation Day is now consigned to history. I would suggest his tax cuts options are more limited as well.

Still his mates made fortunes on the inside trading.

I see where your government is going to belly up when it's their turn to talk tariffs.

 

[Tommy Tainant]

I see where your government is going to belly up when it's their turn to talk tariffs.

Just like trump was forced to curb his idiocy. You shouldnt really comment on threads that you dont understand. Take blaster with you.

 

[martybegan]

What are bonds and why have they spooked Donald Trump?

The reason the US president had to back down on tariffs once investors started dumping treasury bonds

www.theguardian.com

It looks like it was the crash in the bond market and the sell off of govt debt that sobered up trump and caused his hasty retreat.

The same thing happened to crazy Liz truss during her short lived premiership.

It shows how tight the financial establishment has a hold on the government. I think most of us see that as a bad thing. But money talks.

To condense the article it looks like the bankers stopped seeing the US as a good bet and the price of govt paper crashed.

It certainly reduces trumps room for manouver. I think Liberation Day is now consigned to history. I would suggest his tax cuts options are more limited as well.

Still his mates made fortunes on the inside trading.

So what you are saying is he saw how the situation was unfolding and adjusted to it?

 

[Tommy Tainant]

So what you are saying is he saw how the situation was unfolding and adjusted to it?

No. He caused the situation thru his stupidity and was forced to change course.

 

[martybegan]

No. He caused the situation thru his stupidity and was forced to change course.

He has a goal in mind, one you disagree with, but as usual progs like you think anyone not part of your hive mind is stupid.

It's pathetic.

 

[Zincwarrior]

A masterful move by Trump. The guy is a genius.

By genius you mean Stock market is down, bond rates are up, consumer sentiment is down, and mortgage rates are now over 7%? #winning!

 

[Tommy Tainant]

He has a goal in mind, one you disagree with, but as usual progs like you think anyone not part of your hive mind is stupid.

It's pathetic.

Mate he fucked up. Whether I agree or not that is the fact.

 

[cnm]

He has a goal in mind

Pity he can't describe it.

 

[martybegan]

Mate he fucked up. Whether I agree or not that is the fact.

That is opinion, not fact.

 

[Tommy Tainant]

That is opinion, not fact.

Opinion based on facts. It happened dumbo.

 

[martybegan]

Opinion based on facts. It happened dumbo.

Opinion based on old Labour commie delusions.

 

[martybegan]

Pity he can't describe it.

Fix the trade imbalance, bring manufacturing back to the US.

You may not agree with the goals, but they are out there.

 

[Tommy Tainant]

Fix the trade imbalance, bring manufacturing back to the US.

You may not agree with the goals, but they are out there.

Mate. Stick to threads about banning gay and black books. You are in over your head on this one.

 

[martybegan]

Mate. Stick to threads about banning gay and black books. You are in over your head on this one.

Says the limey **** who thinks nationalization makes things work better.

 

[Tommy Tainant]

Says the limey **** who thinks nationalization makes things work better.

The UK’s 49-day prime minister was brought down by her own skirmish with the bond markets, which considered her mini-budget to be reckless. That verdict sent the yield on UK gilts rocketing as bond values dropped like a stone, which forced mortgage companies to increase borrowing rates and wrecked Truss’s premiership.

While Trump has more resources, he faces similar concerns about the spillover effects. If his policies do drive up inflation as expected, with some analysts forecasting a rate of 4.5% by next year, that could alienate the Republican core vote that brought him in on promises to cut soaring food prices. Voters could see tariffs as a tax on mortgages if banks start to charge more for home loans on the back of higher yields, denting his popularity with his base.

This is where you are at. He cant reintroduce his tariffs or he will send mortgages up. In fact I would be shocked if they already hadnt gone up. When that happens its game over.

 

[martybegan]

The UK’s 49-day prime minister was brought down by her own skirmish with the bond markets, which considered her mini-budget to be reckless. That verdict sent the yield on UK gilts rocketing as bond values dropped like a stone, which forced mortgage companies to increase borrowing rates and wrecked Truss’s premiership.

While Trump has more resources, he faces similar concerns about the spillover effects. If his policies do drive up inflation as expected, with some analysts forecasting a rate of 4.5% by next year, that could alienate the Republican core vote that brought him in on promises to cut soaring food prices. Voters could see tariffs as a tax on mortgages if banks start to charge more for home loans on the back of higher yields, denting his popularity with his base.

This is where you are at. He cant reintroduce his tariffs or he will send mortgages up. In fact I would be shocked if they already hadnt gone up. When that happens its game over.

More useless opinions.

 

[CrusaderFrank]

I see where your government is going to belly up when it's their turn to talk tariffs.

Tommy Tainant are Tariffs offensive to Allah?

 

[Tommy Tainant]

More useless opinions.

He fucked up.