Trump tariff announcement sparks bond yield drop, safe-haven rush amid market turmoil. Global growth concerns rise.

Global bond yields have seen a sharp decline after President Trump's tariff announcement, leading to a surge in demand for safe-haven assets amid the ongoing stock m

Global bond yields have seen a sharp decline after President Trump's tariff announcement, leading to a surge in demand for safe-haven assets amid the ongoing stock market turbulence. Germany's 10-year bund yield, along with US Treasury and Japanese bond yields, has witnessed a significant drop. This trend has sparked worries among investors regarding a possible worldwide economic slowdown or a potential recession in the United States, driven by the uncertainties surrounding trade policies.