“What happened in the bond market overnight, the spike in yields on the 30-year and the 10-year bonds, showed that people were dumping our bonds. And who are those people dumping our bonds? Japan, the biggest holder of bonds, was selling bonds. That’s what I’m getting from some very big money managers.
“If you have a mass sale of bonds, that means people are losing confidence in the US economy, on the ability to do deals with us. And from what I understand, this is what forced the hand of this 90-day reprieve. You cannot divorce this decision from what happened last night.
“People focus on the stock market all the time. It’s the bond market and the lending markets that are the plumbing of the economy. And those markets were imploding last night. And that’s why we have a 90-day freeze.” – Fox Business analyst Charles Gasparino.
Gasparino: Let’s be clear what happened, who capitulated here and why? You know, I don’t want to say this because I am a patriot, I am an American, but it is The White House who capitulated based on everything I hear and all my sources pic.twitter.com/jR1YlMHxvP
— Acyn (@Acyn) April 9, 2025