Trump, Vance and Bessent try to calm the bond market with ‘alternative facts’
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.
BELLINGS Intelligence Score: 10
Why it matters
This event is primarily political commentary attempting to influence bond market sentiment without presenting new data or policy changes, thus it constitutes noise rather than actionable market or credit developments.
Sources
MarketWatch
Trump, Vance and Bessent try to calm the bond market with ‘alternative facts’
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.