Reported about 12 hours ago
The bond market reflects growing concerns over a potential recession in the U.S. as President Trump's tariff strategies and workforce cuts threaten growth. Initially optimistic about economic expansion following Trump's election, traders are now flocking to short-dated Treasuries, anticipating interest rate cuts from the Federal Reserve to counter a cooling economy. This shift is highlighted by a notable decline in Treasury yields, as fears of a recession grow due to ongoing trade tensions and governmental austerity measures.
Source: YAHOO