Yeah... if that was their reasoning then they are as dumb as a sack of rocks. The rates went up further after the tariffs pause today.
> Instead of being seen as a safe haven, U.S. debt itself started to look shaky.
No shit. Having an inconsistent policy because of clear incompetence (xx Dimensional chess) is a very bad sign for the world largest economy. At some point this will hit the bonds which is the foundation of this economy.
> Instead of being seen as a safe haven, U.S. debt itself started to look shaky.
No shit. Having an inconsistent policy because of clear incompetence (xx Dimensional chess) is a very bad sign for the world largest economy. At some point this will hit the bonds which is the foundation of this economy.