💨 Abstract

The article discusses a continued selloff in global bonds on Wednesday, causing a rise in the U.S. 10-year Treasury yield and boosting the dollar. This trend weakened expectations for aggressive interest rate cuts. The selloff accelerated after a report suggesting President-elect Donald Trump might declare a national economic emergency for tariffs. The Dow Jones, S&P 500, and European shares dipped, while the Nasdaq fell slightly.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖