Is this Trump’s “Liz Truss” moment?
I wrote a couple of days ago that this was Trump’s “Truss moment,” and that has proven to be correct.
I’m not convinced this is orchestrated by China. Judging by the stubbornness and the geographical distribution, it seems more like a good old-fashioned move by the bond…
— Andreas Steno Larsen (@AndreasSteno) April 9, 2025