What it all amounts to is a broad reset, with all eyes on Trump and US trading partners. — Bloomberg
NEW YORK: Traders reeling from the steepest losses in decades in US government debt slashed futures wagers aggressively over the past week, moving to a “neutral” position as they assessed the next steps in President Donald Trump’s tariff policies.
Treasury yields soared last week as the escalating tariff face-off roiled markets and sparked a rush for cash.
