Stocks swung back and forth in volatile trading and bond yields jumped Wednesday even as the White House's trade war escalated and a prominent business leader predicted a recession.
The bond market -- not a plunging stock market -- is the talk of Wall Street with prices tumbling and yields spiking, unusual action during times when fears of a recession are growing where fixed income is typically considered a reliable safe haven.[image or embed]
-- Jon Cooper (@joncooper-us.bsky.social) April 9, 2025 at 8:55 AM
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