US 10-year treasury yield drops to 6-month low after Donald Trump’s sweeping tariff plan
The yield on the US 10-year Treasury bond has fallen to its lowest level since October; President Donald Trump announced plans for tariffs across a host of goods. Fears of a global tariff war sent markets down and investors to safe assets. Stock markets, including Wall Street, fell sharply, oil pricing fell, and investors braced for uncertainty in the economy.