The 30-year Treasury yields have remained above 5% since May 21, causing concern among investors. This rise in yields coincides with the passing of a significant budget bill by the House of Representatives.
In a chaotic end to the week, global stocks have plummeted while the dollar plunges to a decade low against the Swiss franc amid escalating tariff tensions between the U.S. and China. Safe havens like gold soar, signaling investor anxiety.
Asian stocks stumble while gold hovers near record highs as investors anxiously await Trump’s tariff announcements, sparking fears of a global trade war. With rising prices and slowing growth on the horizon, uncertainty looms over the market.