Bill’s Commentary:
“Did he really say this?”
Trump Suggests He Can Use the Military on Bond Markets: ‘If We Have To Use That, We Will’
President Donald Trump suggested Friday he could use the military to stage an “intervention” on bond markets in a confusing response to a reporter asking about Treasury Secretary Scott Bessent’s efforts to bring down soaring yields.
The Treasury Department surprised Wall Street on Wednesday by announcing plans to “at least double” its purchases of long-term government bonds starting next month. The move initially sent long-dated Treasuries sharply higher, pushing 30-year borrowing costs down from the 19-year high reached just days earlier before yields climbed again.
Taking questions on the tarmac before boarding Air Force One on Friday afternoon, Trump was asked by a reporter whether he had directed Bessent to intervene and whether the move was his idea.
Bill’s Commentary:
“Either step up to the plate now, or watch your future generations either convert to muslim or be genocided. Is this a difficult choice?”
Bill’s Commentary:
“Neat trick! Sell short term Treasuries to buy long term Treasuries… and hope the markets don’t notice?”
Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said
The Treasury could use its near $1 trillion General Account to help fund its recently announced plans to increase purchases of government bonds, according to two senior Treasury officials.
Using the TGA would provide the Treasury with considerable firepower to influence long-term bond yields. The Treasury surprised markets last week with an announcement that it would be doubling the size of buybacks of off-the-run securities on the long end from $2 billion to at least $4 billion. Treasury Secretary Scott Bessent said on CNBC such operations could be even larger than the new higher minimum.
However, the Treasury made no mention of how it would fund the purchases. Most market participants assumed it would do so by selling short-term bills. The senior Treasury officials did not rule that out. Bessent in the CNBC interview called the operation a “Treasury Twist,” a reference to a government or Federal Reserve operation where long-term Treasurys are bought and paid for with short-term issuance. That also implied that short-term bonds would be sold.
Bill’s Commentary:
“”Threatening” is bad enough, actually following through will be like a 12 gauge to both of the dollar’s feet! Not smart at all in my opinion.”
https://xcancel.com/RapidResponse47/status/2091938677039481273
The latest from USA Watchdog –
BillHolter.com 
Thank you – I don’t recognize America anymore – and this administration is NOT WHAT I VOTED FOR WHEN I VOTED FOR TRUMP – NEVER AGAIN ‼️. ITS SURVIVAL TIME AS FAR AS I AM CONCERNED. pamelamoves@gmail.com
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