Donald Trump’s trade war has already sparked a crisis of confidence in the US – Jim Lo Scalzo/EPA-EFE/Shutterstock Donald Trump has branded it the “big beautiful bill” that will save millions of jobs and boost Americans’ take-home pay by up to $5,000 (£3,700) a year. However, while recent focus has been on the market ructions
(Bloomberg) — US Treasuries consolidated gains in a choppy trading session with markets remaining confident that policymakers at the Federal Reserve are still on a path toward lower interest rates. Most Read from Bloomberg The advance on Thursday briefly pushed yields on five-year notes below 4% for the first time since mid-March, with action in
(Bloomberg) — To the traders who have been piling into the US bond market, the Federal Reserve delivered a message they’d been waiting to hear: US growth will likely slow, any increase in inflation should be brief, and interest rates will probably come down more before the year is out. Most Read from Bloomberg Even