Even Before Tariff Relief, Global Bond Investors Rallied Behind Trump’s Trade Push
For the past week, President Trump has been urging calm — and with good reason. Far from chaos, the financial reaction to his tariff announcement has revealed something far more profound: the world still wants to do business with America, and Trump is calling the shots.
“I know what the hell I’m doing,” the president told Republicans on Tuesday, shrugging off media doomsaying and elite panic. “BE COOL!” he posted on Truth Social the next morning. “Everything is going to work out well.”
At 9:37 a.m. Wednesday, Trump doubled down, posting: “THIS IS A GREAT TIME TO BUY!!!”
He was right.
The market bounce came swiftly. Although President Trump’s announcement that some of the tariffs would be paused for 90 days got all the attention, the real fireworks began several minutes earlier, when the U.S. Treasury held its much-anticipated 10-year bond auction. Instead of panic or retreat, the auction showed overwhelming demand. Indirect buyers — including foreign central banks — lined up to purchase U.S. government debt.
In other words, far from turning against America, the world was signing up to support it. (Read more from “Even Before Tariff Relief, Global Bond Investors Rallied Behind Trump’s Trade Push” HERE)
Photo credit: Gage Skidmore via Flickr
