US President Trump told the media on August 21, local time, that he did not instruct US Treasury Secretary Bezent to interfere in the bond market this week. When asked “how to intervene in the face of a further recovery in US long-term bond yields,” Trump said, “The ultimate intervention is the US military; if necessary, the US military will be dispatched.”

US President Trump told the media on August 21, local time, that he did not instruct US Treasury Secretary Bezent to interfere in the bond market this week. When asked “how to intervene in the face of a further recovery in US long-term bond yields,” Trump said, “The ultimate intervention is the US military; if necessary, the US military will be dispatched.”