radikal.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
radikal.social was created by a group of activists to offer federated social media for the radical left in and around Denmark.

Administered by:

Server stats:

162
active users

#stocks

17 posts13 participants0 posts today

Alrighty Then!

Treasury yields spiking—exact opposite of Trump's desired lower rates.

10Y hitting 4.5%, 30Y approaching 5%

This signals a confidence crisis. #Markets are demanding higher returns on #US #debt amid geopolitical tensions and trade uncertainty.

Not just #market #volatility—this threatens America's economic credibility on the world stage. Trump's unpredictable policies appear to be backfiring in real time.

Continued thread

Global #stocks fell & the #dollar sank further on Friday, while a manic #bonds selloff took hold in a brutal end to the week of tit-for-tat worldwide #tariffs that have fed fears of a deep #recession & shaken investor confidence in #US assets.

The selloff in US #Treasuries picked up pace during Asian hours, with the 10-year note yield rising to 4.45%, gaining about 45 basis points in the week, the biggest increase since 2001, LSEG data showed.

#ETTTTS #trump #economy
reuters.com/markets/global-mar

Continued thread

“Rare, ugly & worrying.” That is how Krishna Guha, vice chair at Evercore ISI, described the combination of #market moves today, which saw US govt #bonds sell off & the dollar weaken against a basket of leading currencies, while #stocks sold off sharply. In the last 30 years, he said, there are only 4 other episodes in which the US #dollar index depreciated more than 1.5% with the yield on U.S. 30-year govt debt up more than 0.1% point.

Why are my stocks going up? I'm not seeing any good news. I like making money, but I'm more interested in getting all the rich people to turn on Trump. That seems like our best chance of getting out of fascism without violence. What happened to make the rich people free money number go up today instead of down? #uspol #stocks

Global #pharma shares plunge as #Trump doubles down on #tariff threat

Global drugmakers' #stocks dropped across the board after Trump reiterated plans for a "major" tariff on #pharmaceutical imports, threatening an interwoven global #SupplyChain, & as his country-specific reciprocal #tariffs took effect, leading to more pain in global markets.

#economy #inflation #recession #trumpcession #geopolitics
reuters.com/business/healthcar