
US President Donald Trump has surprised markets by purchasing what appears to be a large volume of bonds, reportedly totalling at least $82 million (£65 million) between late August and early October, according to his financial disclosures. While the massive figure is drawing all the attention, the critical reasons for this surge in bond buying raise worrying questions about his investment strategy and political motives. Why is he choosing this moment to double down on fixed income? And what does this reveal about the entanglement of his business instincts with presidential power?