Trade negotiations with Canada have broken down, and both sides have decided to impose tariffs. The tariffs are scheduled to take effect on 8 September, while bond markets remain under pressure and remarks by the US president have again unsettled yields.
Following the breakdown of trade negotiations with Canada, both sides have decided to impose tariffs. The tariffs are scheduled to take effect on 8 September.
Bond markets remain under pressure, and many investors are questioning long-term valuations. Market uncertainty continues to rise.
Yields eased temporarily after Bessent stepped up bond buybacks, but pressure intensified again following remarks by Trump, reportedly erasing those gains.