Trump Bought Millions in Treasury Bonds Days Before Fed Rate Cut Decision
BeInCrypto
President Trump invested up to $161 million in bonds, including Treasuries, before a key Fed rate decision.Summary
President Donald Trump purchased up to $161 million in bonds, including US Treasuries and corporate debt from companies like Nvidia and Microsoft, in March. This disclosure, made via a US Office of Government Ethics filing, comes just days before the Federal Open Market Committee's meeting to decide on interest rates. Historically, Fed rate cuts have led to increased bond prices, and markets are anticipating a similar reaction to the upcoming decision. The filing details 175 transactions, with the majority being purchases, and the upper-end value of these trades reaching $161 million.
(Source：BeInCrypto)