Carney’s Checkmate: How Canada's Quiet Bond Play Forced Trump to Drop Tariffs (deanblundell.substack.com)

submitted 1 week ago by Trex202@lemmy.world to c/canadapolitics@lemmy.ca

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[-] redsand@lemmy.dbzer0.com 8 points 1 week 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.

this post was submitted on 16 Apr 2025

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