Trump Says “The Ultimate Intervention Is Our Military” as Bond Yields Rise Again

President Trump just gave an extraordinary answer when asked about the bond market.
A reporter noted that Treasury yields had climbed back up after the government’s recent intervention and asked whether another form of intervention had been discussed.
Trump responded:
“The ultimate intervention is our military. And if we have to use that, we will.”
The comment came as long-term Treasury yields erased much of the relief created by the Treasury Department’s decision to double long-duration bond buybacks.
Trump did not explain what he meant or announce any military policy aimed at financial markets.
So this should not be interpreted literally as the Pentagon preparing to intervene in Treasury trading.
But the remark highlights how politically sensitive rising borrowing costs have become.
The 30-year Treasury yield recently reached its highest level since 2007, while government debt has surpassed $40 trillion and annual interest costs continue climbing.
Treasury intervention bought the bond market some time.
It did not solve the underlying problem.