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Posts tagged as “escalate”

Global markets rattled as US-China trade tensions escalate

Global markets rattled as US-China trade tensions escalate Stocks fell on Monday as bond yields resumed their August downturn, raising concerns about the state of the economy. The benchmark 10-year Treasury yield, which fell to its lowest since 2016 last week, dipped to 1.63%. The spread between 2-year and 10-year Treasury yields narrowed to only 6 basis points on Monday, near its lowest level since 2007. Dow Jones Industrial Average fell 391 points, or 1.49%, to 25,896.44, while the S&P…

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