President Trump's tariff actions caused a significant sell-off in US government bonds and the dollar, raising concerns about the safety of these assets during market turmoil. Yields on 10-year Treasuries whipsawed, rising sharply then falling slightly to 4.35%, while 30-year bond yields reached 4.74%. Short-term bond yields also surged. Conversely, German government bond yields fell and gold prices rose, suggesting investors sought alternative safe havens.
Prepared by Christopher Adams and reviewed by editorial team.
Comments