President Donald Trump purchased more than $100 million in bonds across corporate and municipal issuers since taking office. Reported purchases include individual investments in Home Depot, T-Mobile, UnitedHealthcare and Meta, with per-issue amounts ranging from $250,000 to $1 million. The filings rely on a calculation of roughly 690 transactions reported to the Office of Government Ethics. Purchases also include debt from local governments, gas and water districts, hospital authorities, and school boards. The strategy resembles a large investor betting on falling interest rates. The White House did not immediately comment.
Trump put millions of dollars behind his bond strategy in February including between $500,000 and $1 million each into bonds issued by companies such as Home Depot, T-Mobile, and United Healthcare. Another bet of between $250,000 and $500,000 went into debt issued by Meta, based on a calculation of 690 transactions reported to the Office of Government Ethics since January and published Tuesday.
Investors usually turn to bonds because they are less volatile than stocks. Bonds are like a loan that pays out interest to an investor, usually semi-annually, over a defined period. Once that period ends and the bond reaches maturity, the investor gets their principal investment back. Trump's bond buying binge stands out because he, unlike other presidents, has not put his investments into a true blind trust.
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