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Stocks shaken, bonds surge as Trump risks recession
U.S. stock futures slid and sovereign bonds surged on Friday as investors feared President Donald Trump's shock threat of tariffs on Mexico risked tipping the United States, and maybe the whole world, into recession. Markets moved aggressively to price in deeper rate cuts by the Federal Reserve this year, while bond yields touched fresh lows and curves inverted further in a warning of recession. Trump announced the decision on Twitter late Thursday, catching markets completely by surprise.
https://finance.yahoo.com/news/asia-stocks-sunk-trump-fires-004036918.html?.tsrc=rss
U.S. stock futures slid and sovereign bonds surged on Friday as investors feared President Donald Trump's shock threat of tariffs on Mexico risked tipping the United States, and maybe the whole world, into recession. Markets moved aggressively to price in deeper rate cuts by the Federal Reserve this year, while bond yields touched fresh lows and curves inverted further in a warning of recession. Trump announced the decision on Twitter late Thursday, catching markets completely by surprise.
https://finance.yahoo.com/news/asia-stocks-sunk-trump-fires-004036918.html?.tsrc=rss
