Yields end at 1-week highs after White House confirms tariffs on Saturday
Friday's selloff in U.S. government debt, spawned by the White House's confirmation of tariffs on Mexico, Canada, and China starting Saturday, sent yields to their highest closing levels in a week. Two- and 10-year yields respectively ended at 4.
The Dow fell suddenly on Friday after White House press secretary Karoline Leavitt denied a Reuters report that suggested tariffs on Mexico and Canada could be pushed back to March 1 was false.
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The bond market doesn't like tariffs, but the White House has no intention of backing down. White House press secretary Karoline Leavitt confirmed the Feb. 1 date for tariffs on Canada and Mexico stil ...
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