The recent selloff in Treasuries, triggered by tariffs, has raised concerns about the stability of the U.S. bond market. Hedge funds are unwinding leveraged trades, leading to wider bid-ask spreads and potential long-term damage to U.S. assets.
In a whirlwind of tariff updates, Trump reimposes a 25% levy on imports from Canada and Mexico, causing stock market jitters and retaliatory measures from Canada. Meanwhile, China's tariffs are set to double, intensifying trade tensions.
Trump reassures CEOs about his tariff policies while scaling back some orders. Understand the implications for businesses and the economy in this comprehensive breakdown.
Stock futures saw a slight increase as uncertainty looms over Trump's tariff plans affecting Mexico and Canada. Meanwhile, Bitcoin rallied after the announcement of a U.S. crypto reserve. What does this mean for the market?