The All-Important U.S. 10-Year Yield Is Moving in the Wrong Direction for the Trump Administration

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Monday’s trading session will go down as one of the most volatile since the COVID crash in March 2020, with global markets caught in the crossfire as the U.S. and China face off over tariffs and neither superpower shows any impulse to back down. As equity markets teetered, the volatility spilled into every asset class. […]