If China uses the option to sell the bonds, interest rates would rise even further. They still have $700 billion in bonds, which is still a very high amount and could be used if the situation required it. $50 billion today, $50 tomorrow, another $50 the day after tomorrow and so on. Together with the unwind of the basis trade happening now, this would be the best time to use this pressure lever.China's tariffs effects ..
S&P futures dropped after China raised tariffs on U.S. goods from 34% to 84%. Treasury yields rose to 4.46%, and the WSJ Dollar Index continued to fall. Deutsche Bank’s George Saravelos warns that U.S. assets — stocks, bonds, and the dollar — are collapsing together, signaling rapid "de-dollarization" as markets lose faith in U.S. assets.
JDPON Don has summoned the nation breaking powers of gorbachev and Yeltsin.Watching an entire nation commit economic suicide just because one man’s ego isn’t being stroked hard enough is surreal to say the least…
I am wondering if Trump will demand small countries to exchange tariffs on China for low tariffs from the United States.
Bessent urged China not to take this step and instead come to the table for negotiations..
It seems to me Trump and His minions are hell bent on going back from the future. You got the 20th Century Tariff and 19th Century edicts and laws. What is next? Is Trump going to resurrect the steam powered Train? Cars? or Horse and Carriage?"It's totally different when we do it!"
Yes, that's the official Twitter account of the US Department of Energy.
No,he wants to be the RobberBaron billionaires of old completely -"quote 1870-1913 was the best ,golden time for America"-with of course the then China/Chinese of that day not the Superpower China of today-what a fricking maniacIt seems to me Trump and His minions are hell bent on going back from the future. You got the 20th Century Tariff and 19th Century edicts and laws. What is next? Is Trump going to resurrect the steam powered Train? Cars? or Horse and Carriage?