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Market View: Trump hits pause on tariffs, markets rebound - a sign of relief or a temporary fix?
Asia-Pacific markets soared this morning, as investors heaved a sigh of relief after President Donald Trump hit his pause on reciprocal tariffs on US partner countries. The decision came after he said investors were “jumping a little bit out of line”, as markets collapsed and US Treasuries were showing signs of crack in the world’s largest economy. The 10-year US treasure yield was last traded 4.3%, after rising overnight above 4.5%. In the region, China’s consumer prices contracted for a second straight month, with its producer price deflation worsened, as Chinese…
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