Markets Reeling After Tariff-Fueled “Liberation Day”
US markets experienced chaotic trading after Trump’s tariff-fueled “Liberation Day,” with long-term Treasury yields surging 17 basis points to kick off the week. The 10-year yield (^TNX) rose from 3.87% to 4.21%, while the 30-year yield (^TYX) jumped 12 basis points, reaching 4.72%. Market veteran Jim Bianco noted that only three instances in 24 years … Read more