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Central Alberta | As a former governor of the Bank of Canada as well as the Bank of England, Mark Carney is not one to play financial chess with.
He was poised to coordinate a massive sell-off of US government bonds, together with Japan and the EU. This would have crashed the market, destroying confidence, and value in the bonds.
There's not much chance that Trump understood the risk, but it probably motivated his advisors to press him to the wall on it.
https://www.ctvnews.ca/business/article/freak-sell-off-of-safe-haven... | |
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How our new Prime Minister got the US to back off
