About this episode

The episode discusses the implications of the US Treasury's increased bond purchases and the broader economic strategies of the Trump administration.

Last week Treasury secretary Scott Bessent directed his department to double its purchase of treasuries, in an attempt to bring down the yield. Of course, it backfired. Today on the show, Rob Armstrong and Katie Martin pick apart the Trump administration’s unprecedented behaviour and wonder how long the US can keep borrowing as it has. Also, they go short the dollar and long stockpiling canned food.  Save 10% on tickets to the London FT Weekend Festival with the code FTPodcast . Visit ft.com/festival to find out more. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer . You can email Robert Armstrong and Katie Martin at unhedged@ft.com . Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Hosts: Rob Armstrong, Katie Martin

Topics covered

• bond market
• US Treasury
• financial strategy
• Trump administration
• investing
• economic policy

Keywords

• Treasury
• bonds
• yield
• dollar
• stockpiling
• canned food
• investing
• economic policy

Sponsors

Financial Times, Unhedged newsletter

Mentioned in this episode

Organizations: Trump administration, Financial Times, Acast, Unhedged

Places: US, London

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