Trump gripes about Switzerland amid bond market pressure

President Donald Trump singled out Switzerland for its low interest rates when asked whether the administration had done enough to stabilize the bond market after 30-year Treasury yields surpassed a two-decade high this week.

“I think it is, but I mean, it’s very sad,” Trump told the Washington Examiner on Wednesday. “Every time we do great, we announce great numbers, the interest rates go up, and they go up because they want to stop inflation. They should go down because the country’s strong. You know, I see countries like Switzerland, where they have the No. 1 lowest interest rates, a half a percent, and we pay 3.5%.”