As things stand, there's still a lot to digest with Trump's tariffs policy.
Taking that into consideration, it's hard to be too confident of a return to normality any time soon. That especially when US and China are still not seen making too much progress in striking an accord.
As for Treasuries, it's not just the relative uncertainty of the tariffs policy. The impact on the US deficit, inflation, economy, and Fed reaction function all also needs to be factored into the equation. And that's the tough part at the moment, with investors already struggling for confidence amid the policy incoherence to begin with.
This article was written by Justin Low at www.forexlive.com. Read More Details
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