President Trump pauses tariffs for 90 days
President Trump announced a 90-day suspension of newly imposed tariffs on multiple countries, providing relief to global markets and European leaders.
Cheddar
United States government bonds are a unique type of financial asset: so free of risk and sought-after that they have long constituted the linchpin of many parts of the world’s financial system. The creditworthiness of Washington and the strength of the most powerful economy in the world make American bonds and notes so attractive to foreigners that they own nearly one-third of all outstanding Treasurys.
So a recent sell-off in that section of the market has investors on edge.
Over the last week, the 10-year Treasury note has added roughly 50 basis points, and some of the one-day moves for several bond maturities have been among the highest in decades, according to various reports.
“I tell clients that we can look at the bond market as a…
