US yields climb as court blocks Trump tariffs, safe-haven demand fades
U.S. Treasury yields jumped during Asian hours on Thursday after a U.S. federal court blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, buoying market sentiment and dimming demand for safe-haven assets. Bonds, gold, and traditional haven currencies such as the yen and Swiss franc were sold off after the little-known Manhattan-based Court…
READ MORE
Dollar, global stocks slip as Trump threatens tariffs on Europe and Apple
Major stock indexes and the dollar eased on Friday after U.S. President Donald Trump unleashed his latest trade threats, recommending 50% tariffs on European Union imports from June 1 and considering a 25% tariff on any Apple iPhones made outside the U.S. Shares of Apple ended 3% lower, while the three major U.S. stock indexes…
READ MORE