Reported 2 days ago
As the financial markets kick off the first full trading week of 2025, traders prepare for Donald Trump's upcoming inauguration, causing U.S. long bond yields to reach two-year highs amid fiscal concerns. The 30-year Treasury bond yield hit 4.85%, with rising inflation fears and a hawkish Federal Reserve contributing to a dynamic economic landscape. Meanwhile, China's officials take measures to stabilize the yuan, which has fallen to 16-month lows, amid concerns about potential trade tariffs and the broader economic outlook.
Source: YAHOO