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Salon
Salon
Politics
Alex Galbraith

Trump paused tariffs for "yippy" market

In the coming days, you should expect President Donald Trump to find new and exciting ways to avoid mentioning the bond market. 

Trump buried the lede on the rapid sell-off of Treasury bonds by foreign investors — and the lack of long-term faith in the United States' market such a move signifies — on Wednesday, telling reporters that he reversed course on his much-touted trade war because people were "getting yippy."

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