this post was submitted on 16 Apr 2025
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Carney’s Checkmate: How Canada's Quiet Bond Play Forced Trump to Drop Tariffs (deanblundell.substack.com)
submitted 4 days ago by [email protected] to c/canadapolitics
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[–] [email protected] 8 points 3 days ago

Tl;Dr he organized a slow bond sell off with Japan and the EU. Who collectively hold about 3 trillion of the 8.5 trillion in foreign held us bonds. Now tariffs are suddenly paused for 90 days after a rate spike.