From Yahoo Finance: 2025-04-09 06:22:00

Global markets plummeted on Wednesday due to Trump’s 104% tariffs on China and a sell-off in U.S. bonds. China plans to boost its economy, U.S. Treasuries face heavy losses, and Taiwan Semiconductor may face a $1 billion penalty. French companies are urged to suspend investments in the U.S. amid tariff clashes.

U.S. Treasuries are at the center of market volatility, with the benchmark 10-year yield rising to 4.515%. This shift from equities to bonds is causing financial concern. British bond yields surge, the dollar falls, and China’s yuan weakens. U.S. stock futures are negative, with significant losses in global markets.

President Trump’s tariffs face opposition, with nearly 60% of Americans against them. U.S. stock market value has decreased by $5.8 trillion in four days. Key events today include Mexico’s inflation data, FOMC minutes, and U.S. Treasury note sales. The global economy remains uncertain amidst trade tensions and market turmoil.

Read more: It’s a ‘bond story’ now