The 'sell America' trade is roaring in markets as Trump butts heads with the Fed

Anna Moneymaker/Getty Images; ANDREW CABALLERO-REYNOLDS / AFP

• Stocks, bonds, and the dollar dropped sharply on Monday.
• Recent comments from the White House have investors worried about Fed independence.
• US safe-haven trades have suffered as trade policy rattles investor confidence.

The "sell America" trade was in full swing as investors kicked off the week on Monday.

US indexes dropped, the US dollar tumbled to a three-year low, and Treasury yields rose.