{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6a13c15d-181a-4a2e-a662-739d0e7f731a/6807fb846623d68618190018?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Lessons from the recent US Treasuries sell-off","description":"<p>Markets shook after US President Donald Trump announced his so-called reciprocal tariffs earlier this month. But there was one market in particular that got investors particularly worried: Treasuries. What’s usually a safe haven asset suddenly saw huge sell-offs. Trump managed to avoid further pain by pausing large chunks of his tariffs, but the sell-off prompts a discussion about significant structural flaws in the market. The FT’s US markets editor Kate Duguid explains which cracks in the US Treasuries market we can't ignore.</p><p><br></p><p>Clip from The Wall Street Journal</p><p><br></p><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><p><strong>For further reading:</strong></p><p><a href=\"https://www.ft.com/content/eecc0a2a-6544-4658-900c-e7996e049d36\" rel=\"noopener noreferrer\" target=\"_blank\">Why did Donald Trump buckle?</a></p><p><a href=\"https://www.ft.com/content/73294414-8cdc-4298-a46a-e548253c90c0\" rel=\"noopener noreferrer\" target=\"_blank\">Is the world losing faith in the almighty US dollar?</a></p><p><a href=\"https://www.ft.com/content/a8348e2a-a90f-474c-baa6-8c2eb0e263c2\" rel=\"noopener noreferrer\" target=\"_blank\">The debt-fuelled bet on US Treasuries that’s scaring regulators</a>&nbsp;</p><p>- - - - - - - - - - - - - - - - - - - - - - - - - -&nbsp;</p><p><br></p><p>Follow Kate Duguid on X (<a href=\"https://twitter.com/kateduguid\" rel=\"noopener noreferrer\" target=\"_blank\">@kateduguid</a>). Michela Tindera is on X (<a href=\"https://twitter.com/mtindera07\" rel=\"noopener noreferrer\" target=\"_blank\">@mtindera07</a>) and Bluesky (<a href=\"https://bsky.app/profile/mtindera.ft.com\" rel=\"noopener noreferrer\" target=\"_blank\">@mtindera.ft.com</a>), or follow her on LinkedIn for updates about the show and more.</p><p><br></p><p><a href=\"https://www.ft.com/content/9d31fefe-e309-44ae-85f7-b003de3a6333\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Read a transcript of this episode on FT.com</strong></a></p>","author_name":"Financial Times"}