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Yields and stocks both lower as Trump expected to impose $50B tariffs on China

Published 03/22/2018, 10:18 AM
© Reuters.  Yields and stocks both lower as Trump expected to impose $50B tariffs on China
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  • S&P 500 is down nearly 1%, and 10-year yields lower by 8-10 bps across the curve as investors fret Trump's trade policy.
  • Speculation is on the rise that China will retaliate to President Trump's tariffs expected to be announced today, according a report on Bloomberg.
  • This comes after a reassuring read from the Fed yesterday that it is in no hurry to raise rates.
  • ETF's: TLT up 1%, and SPY down 0.7%.
  • Now read: Multimedia Weekly Digest: Rate Hikes And Stagflation


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