{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6478a825654260001190a7cb/6a8dd30b83ad88db015d0aa6?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Bombing the bond market","description":"<p>Last week Treasury secretary Scott Bessent directed his department to double its purchase of treasuries, in an attempt to bring down the price. Of course, it backfired. Today on the show, Rob Armstrong and Katie Martin pick apart the Trump administration’s unprecedented behaviour and wonder how long the US can keep borrowing as it has. Also, they go short the dollar and long stockpiling canned food.&nbsp;</p><p><br></p><p>Save 10% on tickets to the London FT Weekend Festival with the code <strong>FTPodcast</strong>. Visit <a href=\"http://ft.com/festival\" rel=\"noopener noreferrer\" target=\"_blank\">ft.com/festival</a> to find out more.</p><p><br></p><p>For a free 30-day trial to the Unhedged newsletter go to: <a href=\"https://www.ft.com/unhedgedoffer\" rel=\"noopener noreferrer\" target=\"_blank\">https://www.ft.com/unhedgedoffer</a>.</p><p><br></p><p>You can email Robert Armstrong and Katie Martin at <a href=\"mailto:unhedged@ft.com\" rel=\"noopener noreferrer\" target=\"_blank\">unhedged@ft.com</a>.</p><p><br></p><p><a href=\"https://www.ft.com/content/f6543df3-aa19-4ee4-9edd-9a18c706a78f\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Read a transcript of this episode on FT.com</strong></a></p>","author_name":"Financial Times & Pushkin Industries"}