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Market Impact: 0.78
Global Bond Selloff Deepens; US, China Extend Trade Truce; Trump-Xi Summit
Source: youtube.com
Interest Rates & YieldsCredit & Bond MarketsGeopolitics & WarEnergy Markets & PricesMarket Technicals & Flows
US equity futures declined as a global bond selloff intensified, sending the 30-year Treasury yield to its highest level since 2004. Oil prices rose after Iranian officials reportedly warned that the war with the US could broaden, adding geopolitical risk and inflation concerns to already stressed bond markets.
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