Donald Trump’s War of Federal Care Threatens Sustainable Damages to Treasures

Battle of the Words with Donald Trump’s Jay Powell, the President of the United States, even after continuing its open threat to burn the federal reserve chair, warned great investors.

Trump said that Trump was “intention” to shoot Powell, but repeated his complaint Feeding was slow to reduce debt costs. As a chair in May 2026, the episode of the episode, Fed independence and investor in the US monetary policy.

“Once you said, you said, and if you can go back, what is the next surprise behind people’s minds?” Said Andrew Chorlton, M & G Investment General Investment officer for fixed income. “If you have a comfort level around Fed’s independence, it is reduced, you expect to pay more for this.”

Growing concerns about the independence of the Central Bank – in the end of Powell, “he can’t come fast enough” by closing calls to low prices in recent weeks in recent weeks. Treasures. This week, this week received a 10-year treasury productivity for 10 years of treasury aimed at the level that reaches this month.

There is a fear of the market, large treasures are noticeable about the investors, including the Fed’s independence, including the president’s chair.

This was established in the treasury products, investors, on the opposite, said investors, on the opposite. After recovery, 10 years of productivity was 4.34 percent on Thursday.

These premium investors are higher risks compared to secure German teams, because it is a higher risk of more than 1.9 percentage points, which is less than 1.3 percent in the beginning of this month.

The argument in the Fed’s independence, in recent weeks, including the borrowing of the government, including Trump’s trade war, including the shelter status of the US bond market, and this was in recent weeks, the prices of the treasures in recent weeks.

A portfolio manager in Doubleline Capital William Campbell said the Central Bank hit the parallels with the parallels in Turkey’s non-traditional monetary policy with non-traditional monetary policy.

“Powel’s conversation requires more risk prizes only in the market,” he said. “See what happened to Turkey.”

For markets, Tobias Adrian, the highest officials of the IMF, on Monday, “Track record, in terms of achieving a record, stability, central banks are stronger,” he said.

While refusing to comment directly to the latest statements of Truum Powell, “Independence will undermine stability and independence and create uncertainty.”

The Risk Award on Treasury is usually very low because the world is the deepest and most liquid bond market and is used as a basic global reserve asset.

The head of global bonds in PGIM, Robert Tipp, stable income, political variability, including the pressure, financial markets, financial markets are weighing on active prices in financial markets, he said.

“We saw this in the currency action, we saw in relative bond movements, we saw it on the relative exchange (actions). Toll requires.”

The concern between investors is to manage the US monetary policy to make US monetary policies greater in inflation to get the target of more interest rates. If the market feels such a change, long-dated bonds will be particularly damaged.

As Trump fired from the land, the threats of Fire Powell and analysts suggested that the president continues to prevent the Fed independence. Powell, a “shadow chair” in the office of a “shadow seat” in the office, which affects Powell’s money policy expectations, Deutsche Bank can be able to show an early candidate for a “shadow department” affecting the head of Matthew Raskin.

The assumptions have already begun between analysts and investors who are selected by the elected, former Fed Management Board Member Kevin Warsh considered For the role of the Treasury Secretary, it is estimated as possible. Warsh was a severe critic of the Fed policy last year, but was silent over recent decisions.

“If he wants a place of work, he will be forced to compromise more traditional republican monetaryist meetings and be forced to join the Trump and low interest rates and the president’s retreat.

Doubleine’s Campbell, the appointment of the next nourished seat, especially global investors, “The foundations of investment” were “in the future,” he said.

Investment managers warned to signal a non-traditional change or placed for a turn in the Fed policy – the subsequent bond price may claim to be relative to other bond markets.

“This environment is definitely possible and it is very difficult to sleep on the footprints from this locomotive,” said PGIM. “We are definitely sensitive to that.”

Additional report by Claire Jones in Washington