Global bond yields have seen a notable decline after President Trump’s tariff announcement, leading to a surge in demand for safe-haven assets amid the recent stock market turbulence. The 10-year bund yield in Germany has fallen in tandem with reductions in US Treasury and Japanese bond yields. This trend has sparked worries among investors regarding a possible worldwide economic slowdown or a looming recession in the United States as a result of the unpredictable trade strategies being implemented.