Losses accelerated after the head of the Federal Reserve said again that Trump’s tariffs appear to be bigger than it expected, which could in turn slow the economy and raise inflation more than it had earlier thought. Treasury yields typically fall when investors are worried about the economy, and last week’s climb raised concerns that the trade war may be causing investors to second-guess the reputation of U.S. government bonds as one of the world’s safest possible investments. The FTSE 100 rose 0.3 percent in London after the government said inflation in the U.K. fell for the second month running in March, largely as a result of lower gas prices.
Author: Stan Choe, Associated Press
Published at: 2025-04-16 22:53:50
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