Investors grow anxious asset outcome in the US as a Treasury and a dollar decline

April’s sale financial markets was wider and more volatile than typical deviations, causing concern that aggressive and constantly changing trade policy from Washington, Colombia District, could cause long -term damage to the US financial position

A S&P 500 It has now decreased by 5.4% after President Donald Trump’s tariff statement on April 2, with everyday steps that draw uncomfortable comparisons with shameful financial periods such as 2008 and 1987. The fall in the last seven trading days comes after the stock market already had a rock start by 2025, and other major assets of the United States also began to slide, including dollars.

“The great conclusion from this year, from the Trump’s presidency, from all that has happened, is that there is a rotation from the US, and obviously it has become vicious – with the revenue of Bond remains high, and the dollar falls, it has become history. But this outcome began long before the day of release … We are a bubble. BCA, BCA said on Friday, “on Friday,” on Friday “, Friday”, on Friday “, Friday”, on Friday “, on Friday,” on Friday “Box for Squawk“

Big stock market differences are treated on their own, but the advantages of Wall Street are becoming more concerned about currency and bond movements. Treasury and dollar tend to use the US Safety Flight, the function of the US historical financial force.

But on Friday the falling bond prices pushed the benchmark 10-year-old treasury Briefly above 4.5%, which is 3.99% just a week before. Meanwhile, ICE Dollar Index Press the lowest level in three years. Green saw particularly sharp drops against safe currencies such as Japanese Yen and Swiss France, as well as the euro.

“The market has reinterpreted the structural appeal of the dollar, since the world reserve currency in the world and undergoes the rapid dollarization process. It is nowhere more obvious than a long and united collapse in the currency and the United States, as it is approaching this week,”-said on Friday Friday Friday.

To a certain extent, some quick steps in the financial markets may be mechanical, feeding on each other. For example, a decrease in shares and bonds in the United States can pressure the dollar just because foreign investors now have less need for green circulation.

But the size and volume of steps suggest that something is deeper and that there are investors who are now actively turning away from the US

“Usually when you see that a big tariff is increasing, I would expect the dollar to rise in price. The fact is that the dollar is decreasing at the same time I think The benefits of investors change“Minneapolis fed President Neil Kashkar on Friday”Box for Squawk“

The same thinking process can be played in the bond market, as foreign governments and other institutions are usually large owners of the US Treasury. Gennadiy Goldberg, head of the US strategy at TD Securities, said CNBC that he did not see direct evidence that foreign investors dumped treasures, but only fear is enough to move the market.

“The markets are very confident. Even the opinion that foreign investors are trying to move away from the treasury markets can cause a rather significant panic,” Goldberg said.

These steps are not only an abstraction of financial markets, but can also have a real economic impact. One of the problems is that companies that have a significant foreign business could see that their products that got into the CrossFire World Trade Dispute. Anti -American moods can also be a problem if the confrontation continues.

“Many of our major companies that have big brands abroad are discriminated against (against) … We now have a big problem with the image,” BlackRock CEO Larry Fink said on Friday “Shkvak on the street“

The Treasury incense also cloud the forecast for the US state expenses and expand economic growth. Higher yield means that the US government owes more interest in any debt it flipped or issues for new costs, worsening the federal deficit.

“The sustainable level of the US state financial deficit is moving below. It reduces the flexibility of the US administration in implementing expansionist financial policy to support growth, which is the same as the UK and France faced similar restrictions,” Saravel Deutsche Bank wrote.

It comes over these market movements – this is the possibility of another outbreak in inflation. While recent readings came relatively steep, they do not reflect April tariff ads. Last University Michigan’s consumers survey showed that Americans are worried about spike in inflation tied to tariffs.

Inflation not only causes anxiety on its own but also limits options for Federal ReserveWhich will be reluctant to reduce interest rates when consumer prices rise.

“It is about what will happen next and this is tariff inflation. And this has changed the dynamics in the bond market,” Bianco Research President Jim Bianka said on Friday “MONEY -MUCH.

– Michael Bloom in CNBC made a report.