Charlie Gasparino
Appearances
Apple News Today
What is the market mayhem all for?
I want to tell you right now that Donald Trump outsmarted the world. Trust me. I'm an American. I support my president. But that's not really what happened here, from what I understand. People focus on the stock market all the time. It's the bond market and the sort of lending markets that's the plumbing of the economy. And those markets were imploding last night.
The Ben Shapiro Show
Ep. 2177 - TRUMP U-TURN WIN: Tariff War Paused, China Isolated!
What happened in the bond market overnight, the spike in yields on the 30-year and the 10-year bond, which showed that people were dumping our bonds. And who were those people dumping our bonds? Japan, the biggest holder of bonds, was selling bonds. That's what I'm getting from some very big money managers. China, maybe to some extent, but it was largely Japan and others.
The Ben Shapiro Show
Ep. 2177 - TRUMP U-TURN WIN: Tariff War Paused, China Isolated!
if you have a mass sale of bonds that means people are losing confidence in the u.s economy on the ability to do deals with us and from what i understand this is what forced the hand of this 90-day reprieve