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The Trump turmoil in bond markets
Despite his many assertions to the contrary, the short-run impact of tariffs will bring inflationary pressures to bear on the U.S. economy, likely bringing about a rise in interest rates by the Central Bank. Foreseeing this, investors have started selling U.S. bonds in open markets
Despite his many assertions to the contrary, the short-run impact of tariffs will bring inflationary pressures to bear on the U.S. economy, likely bringing about a rise in interest rates by the Central Bank. Foreseeing this, investors have started selling U.S. bonds in open markets
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