Bond markets whipsaw amid 'sell America' trade in safe-haven Treasurys
Treasury bonds are suffering some of the steepest near-term losses in five years.
U.S. Treasury bond yields persisted to spike in early Wednesday trading, extending one of the sharpest selloffs since the international pandemic, as investors develop increasingly extra alive to that President Donald Trump's tariff gambit will stoke inflation dangers and push the financial system nearer to recession.
Trump's sweeping alternate levies, alongside with a crippling 104% tariff on China-made goods, went into terminate early lately, with China hitting support with its have faith 84% tariff retaliation, sending international stocks sharply lower and pushing the U.S. greenback to the bottom phases since September.
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