Bond Buybacks, Inflation Fears, Tariff Retreats & North Korea's Snub

1. Treasury Secretary Scott Bessent is buying back bonds to calm rising yields — short-term market relief that deepens long-term debt 2. Federal Reserve minutes reveal growing inflation concerns driven by energy prices and Middle East disruptions, with possible rate hikes ahead 3. The president is now considering lower tariffs on Canadian metals and autos after previously threatening steep increases that have already driven up domestic steel and aluminum costs 4 .North Korea has rejected Trump's overtures, accelerated its nuclear program, and aligned more closely with China and Russia as U.S. foreign policy credibility erodes Text ERICK to 33-777 for "Show Notes" and to stay updated on all things Erick Erickson. www.erickerickson.com www.youtube.com/@ewerickson www.rumble.com/ewerickson  Stay grounded, stay informed, and keep the faith.