Carney on Tariffs: I Don’t Think It Was the Stock Market, They Were Worried About What Was Happening in the Bond Market

RUSH EXCERPT:
CARNEY: "I don’t think it was the stock market. they were worried what was happening in the bond market. I wonder if there was communication between Scott bessent and finance ministers all over the globe. we had a successful tenure, huge foreign buying, what Scott bessent probably told everybody is the way to signal you are on our side is not us treasuries, putting the bid, you will likely see afterwards they put in the bid, Trump just after that came out with his paws. I think this was a coordinated thing. Larry: Scott Bessent at his best just taken over this thing. >> Scott knows the Japanese economy and Japanese finance ministers, what he’s going to do his trachea deal with vietnam and Japan that will be the template for everybody else and will scare China to death."