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Lessons from the recent US Treasuries sell-off

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Manage episode 478542818 series 2284658
Content provided by Topher Forhecz and Financial Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Topher Forhecz and Financial Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Markets shook after US President Donald Trump announced his so-called reciprocal tariffs earlier this month. But there was one market in particular that got investors particularly worried: Treasuries. What’s usually a safe haven asset suddenly saw huge sell-offs. Trump managed to avoid further pain by pausing large chunks of his tariffs, but the sell-off prompts a discussion about significant structural flaws in the market. The FT’s US markets editor Kate Duguid explains which cracks in the US Treasuries market we can't ignore.


Clip from The Wall Street Journal


- - - - - - - - - - - - - - - - - - - - - - - - - -

For further reading:

Why did Donald Trump buckle?

Is the world losing faith in the almighty US dollar?

The debt-fuelled bet on US Treasuries that’s scaring regulators

- - - - - - - - - - - - - - - - - - - - - - - - - -


Follow Kate Duguid on X (@kateduguid). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

260 episodes

Artwork
iconShare
 
Manage episode 478542818 series 2284658
Content provided by Topher Forhecz and Financial Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Topher Forhecz and Financial Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Markets shook after US President Donald Trump announced his so-called reciprocal tariffs earlier this month. But there was one market in particular that got investors particularly worried: Treasuries. What’s usually a safe haven asset suddenly saw huge sell-offs. Trump managed to avoid further pain by pausing large chunks of his tariffs, but the sell-off prompts a discussion about significant structural flaws in the market. The FT’s US markets editor Kate Duguid explains which cracks in the US Treasuries market we can't ignore.


Clip from The Wall Street Journal


- - - - - - - - - - - - - - - - - - - - - - - - - -

For further reading:

Why did Donald Trump buckle?

Is the world losing faith in the almighty US dollar?

The debt-fuelled bet on US Treasuries that’s scaring regulators

- - - - - - - - - - - - - - - - - - - - - - - - - -


Follow Kate Duguid on X (@kateduguid). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

260 episodes

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