@terrynewman American negotiators attempted to place restrictions on Canadaโs ability to independently negotiate trade agreements with third-party foreign nations. Canadian officials viewed this as a direct breach of foreign policy sovereignty.
Dealbreaker right there.
@dgsommersmkts@QTRResearch โIf we get to 6%, the most important question in markets will no longer be whether the Fed cuts rates. It will be how long the free market is ever allowed to keep setting the price.โ
@Barchart The culmination of Trump 2.0 policies is the equivalent of shitting the bed beyond all recognition. The 5Y US CDS, 10Y & 30Y are Trumpโs report card. Utter failure due to complete incompetence.
@MalkinPCos A counterparty acting in bad faith (Trump) relies on manipulation, bluffing, or stall tactics to distort perception. They only maintain power if you stay engaged and buy into their frame. The moment you walk, you destroy their ability to extract value, neutralizing their tactics.
@luke_broyles CDS markets view an acute US technical default as low risk, but they have permanently re-priced for higher long-term fiscal deficits, continuous political debt-ceiling risk, and rising national debt servicing costs.
CDS, the 10Y and 30Y know all and see all.