Trump calls the military the "ultimate intervention" measure for bond market turmoil
2026-08-24 07:14:01
According to CoinMeta, Trump stated on Friday that the military could become a “last resort” for dealing with turmoil in the bond market. This statement caused confusion among journalists and financial commentators, as there is no clear policy mechanism indicating that military action would be able to lower Treasury yields. Although Benet’s accelerated repurchases briefly pushed yields down, the 30-year Treasury yield later rebounded to a 19-year high, indicating that the government’s conventional tools are struggling to control this trend. The market reacted chaotically to Trump’s remarks. CNN host Abby Phillips expressed uncertainty about what Trump meant, and major media reports also generally viewed this statement as confusing.
Source:Internet
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