Nikkei plunges as Asian markets brace for further tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live
Japan’s stock index plummets almost 9% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last weekUS Treasury yields fell on Monday and the two-year yield sank to a multi-year low as worries of a possible recession in the world’s largest economy grew and investors wagered that could see US rates cut as early as May.The two-year US Treasury yield, which typically reflects near-term rate expectations, tumbled more than 20 basis points to its lowest level since September 2022 at 3.4350%, as investors ramped up bets of more aggressive Federal Reserve easing this year, Reuters reports. Continue reading...
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Japan’s stock index plummets almost 9% on Trump tariff concerns after almost $5tn was wiped off the value of global stock markets last week
US Treasury yields fell on Monday and the two-year yield sank to a multi-year low as worries of a possible recession in the world’s largest economy grew and investors wagered that could see US rates cut as early as May.
The two-year US Treasury yield, which typically reflects near-term rate expectations, tumbled more than 20 basis points to its lowest level since September 2022 at 3.4350%, as investors ramped up bets of more aggressive Federal Reserve easing this year, Reuters reports.
Continue reading...
