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Trump's Comments on U.S. Debt Seen as Non-Starter by Bond Market

  • `Stupid and ridiculous' says CRT Capital's David Ader
  • `Irresponsible talk' says Silvercrest's Patrick Chovanec
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Donald Trump, Political Rhetoric and the 2016 Race

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When Donald Trump suggested he might renegotiate terms on more than $19 trillion of debt owed by the U.S., bond traders didn’t blink.

Trump, the presumptive Republican nominee for president, said in an interview with CNBC Thursday that if the economy were in a prolonged slump, he might use his business skills to reduce America’s debt burden by pushing creditors to accept write-downs on their government holdings.