Market Timing

[gfp927z]

Here's an interesting rumor that Canada's new PM Mark Carney orchestrated the dumping of US Treasuries, which forced Trump to back off and do the 90 day tariff pause. Carney was not only the Governor of Canada's Central Bank (2008-13), but also the Governor of the Bank of England (2013-20). So he's a major heavyweight, and it's analogous to having Powell or Bernanke as President of the US.

Anyway, Carney reportedly went to Europe to meet with leaders from UK, France, EU and Japan, and the rumor is they agreed to start accumulating more US Treasuries, but then dump them in concert when Trump announced his mega reciprocal tariff. Trump did, and then all hell broke loose in the US bond market, with prices crashing and yields zooming. The 10 year yield zoomed from 3.9% to 4.5%, and the 30 year yield zoomed up to 5%. Trump then hit the 90 day pause button and backed off.

This seems like a plausible theory, and would explain what happened in the Treasury market. Normally a crashing stock market would have caused a big rally in Treasuries (flight to safety), but the exact opposite happened. So if true, this was a major intervention by the broader finance oligarchy to halt Trump's disastrous tariff policy. So a good sign that Trump's foolish excesses will be reined in by the higher 'powers that be'.


>>> What we know about rumors Canadian PM Mark Carney orchestrated US Treasurys sell-off <<<


https://www.msn.com/en-us/money/news/what-we-know-about-rumors-canadian-pm-mark-carney-orchestrated-us-treasurys-sell-off/ar-AA1De4U6?ocid=BingHp01&cvid=66c2a72649bd456e96846a4b385a6006&ei=57



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