Trump Threatens Military Intervention in $40 Trillion Bond Market as Yields Hit 2007 High
Updated
Updated · NOTUS · Aug 25
Trump Threatens Military Intervention in $40 Trillion Bond Market as Yields Hit 2007 High
3 articles · Updated · NOTUS · Aug 25
Summary
Trump said the military was the “ultimate intervention” if needed in the bond market after Treasury efforts failed to push borrowing costs lower.
A 30-year Treasury yield spike to its highest level since 2007 underscored investor anxiety over tariffs, war-driven oil shocks and swelling federal debt, which the column says has topped $40 trillion.
The remark followed Scott Bessent’s bond buyback last week; Trump had already said Bessent acted on his own authority rather than at presidential direction.
Bessent on Monday also unveiled “Operation Economic Outcast” against Iran, but offered no immediate sanctions or named targets, framing it instead as a warning shot to other countries.
The episode highlights mounting concern that the administration lacks a credible plan to ease inflation and borrowing-cost pressures even as markets question the U.S. economic outlook.