READ: Canadian PM Mark Carney's "slow bleed" U.S. T-bond selloff in coordination with Japan, UK and France wasn’t a bluff. It was a silent pact. A coordinated move to remind Trump that the free world doesn’t just roll over when he swings his tariff bat. https://deanblundell.substack.com/p/carneys-checkmate-how-canadas-quiet
Comments
I miss him😟
What we know is that Japan has dumped a lot of bonds, so did the EU and Canada.
Was it coordinated? Maybe, probably, but there's no way to know.
Did it start the move? Maybe...
What is true is that most people have lost confidence in the US bond market as a security.
What is the upside to pinning this on Carney?
What is the downside?
Think about it.
I mean, who could see a downside in Carney saving the day but someone who is opposed to him on other grounds...
I wouldnt listen to such persons personally...
I was running the troika, I would announce tomorrow at 9:50am that all four are selling their bonds.
Trump is in Maro-lardo the talk shows are 10 minutes from starting.
- stopping with the 'Governor' bullshit
- immed stopped with the threatening Canada
You knew something happened there.
Trump can stop the tariffs by backing down. But there is no way to stop the well deserved boycott.
Politically, there is no downside for himself or the leaders of any of the other countries and that's the sweetest part...