If you thought United States Treasury Secretary Scott Bessent’s intervention in the US bond market last week was a dramatic moment, then Donald Trump’s got news for you.“We have many types of intervention. That’s one,” the president told reporters on Friday night. “The ultimate intervention is our military. And if we have to use that, we will.”Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
There’s a giant crack in markets. It’s an accident waiting to happen
The pressure on markets from rising bond yields is building. But a renewed surge in energy prices that threatens to spill into food and commodities could also crack market calm.
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