🚨INCREDIBLE🚨
💥Trump's DECISION to LOWER and PAUSE the TARIFFS is based on the CRASH of the BONDS and the FEAR of LEVERAGE in the BASIS TRADE
👉Let me explain why:
⚠️For weeks, Trump said there would be NO delays in the tariffs, even as stocks lost more than $12 TRILLION
⚠️Then, the bond market collapsed and 12 hours later a 90-day tariff pause was implemented
What's happening⁉️
▪️Before the "reciprocal tariffs" on April 2, the yield on 10-year bonds was falling
▪️This meant that the trade war could continue because rates were falling. As soon as they started to rise, Trump showed flexibility
▪️Also, as the BASIS TRADE (arbitrage of bonds and their futures) became unprofitable for the LARGE FUNDS, which are LEVERAGED, due to the great volatility, the yield on the 10-year bond skyrocketed
▪️It skyrocketed out of FEAR that these funds would GO BANKRUPT and have to LIQUIDATE/SELL their BONDS, creating a snowball effect
▪️Trump has made it clear that one of his main priorities is to have LOWER interest rates.
▪️Even on April 4, Trump asked Federal Reserve Chairman Powell to "lower interest rates."
What do Trump and the EXPERTS say⁉️
🗣Trump himself, after the announcement of the 90-day pause, stated that "I was watching the bond market and it is very complex" "Last night I saw that people were a little dizzy "
▪️He was referring to the liquidations of the BASIS TRADE, where the FORCED SALES of the BONDS (liquidations of leveraged funds) were causing BOND yields to RISE
▪️Trump knew that the $800B BASIS TRADE would SKYROCKET bond yields if he did not intervene. He had no choice but to announce the PAUSE of the tariffs
⁉️
#aranceles #TRUMP #TariffsPause #PausaDeAranceles #Market_Update $USDC