Traders are frightened — however looking forward to Trump to pivot on Greenland menace
Published:
Tuesday’s sharp rout that swept up the Treasury market, the dollar and U.S. stocks put investors on edge about how far President Donald Trump might go in his plans to acquire Greenland.
The benchmark 10-year Treasury yield
BX:TMUBMUSD10Y jumped 6.4 basis points to 4.294%, its highest yield since late August, while the dollar DXY fell 0.9% against a basket or rival currencies and the S&P 500 index SPX logged its worst day since October.