US Treasuries rally as President Trump ‘transition’ talks spell recession

Treasury bonds have rallied following President Donald Trump’s remarks on Sunday about the US’s “period of transition,” which birthed concerns of an impending economic slowdown. Yields dropped lower as uncertainty over echoes of a Trumpian trade war and government spending cuts continues to rattle markets. According to CNBC’s market updates, the yield on the benchmark […] source: https://www.cryptopolitan.com/us-treasuries-rally-trump-spells-recession/