Global Bond’s roller coaster week continues following Sparks’ reversal “Trump is put”

At noon in London (7am), 2 years The Ministry of Finance fell by 8 basis points 30 years 4 Cool the basis points 10 years – Economists say they have suffered the strongest volatility for 20 years – 9 basis points reduced.

Trump said he’s “seeing” the bond market (known to force political leaders’ hands by attempting to overhaul the massive economy), calling it “very difficult” and admitting that “people are feeling a little sick.” His tariff policy is widely considered to be inflation, so a sustained rise in yields could lead to a combination of rising prices, higher borrowing costs, a significant drop in economic growth, or a recession.

Bonds circulated elsewhere Thursday amid stock markets bounced back in Europe and the Asia-Pacific region.

German bond yields were widely high after benefiting from fleeing to a safe shelter at the beginning of the week. Germany’s 2 years The band’s yield rose by 13 basis points. 10 years Rose 6 basis points.

The UK was particularly swayed by investor concerns about its financial outlook, and was particularly turbulent this week. yield 30 years in the UK Bond, which spiked 30 basis points on Wednesday and rose by around 25 basis points to reach its highest closing level since 1998, fell 16 basis points.

“The 90-day suspension was enough to arrest the sale of gold leaf on the long edge,” Sanjay Raja, a British economist at Deutsche Bank Research, told CNBC.

“Long-end bonds are gathering today, just like what we saw in the US yesterday. This is certainly due to market sentiment shifting Trump’s mutual tariffs. And given the suspension, we assume that the market has a high standard to revive at their early levels.

Capital Economics chief market economist John Higgins said one reason for the bond market reversal on Thursday was a new reassessment of the monetary policy path.

“The expected (US) interest rates have recovered slightly today as the latest news from the White House reduced the risk of a recession,” Higgins told CNBC.

“Another reason is that part of the long-term previous sales at the Treasury and Guilt could be due to sales of government bond profits by investors who used investors as stocks plummeted, and even fire sales.

Though sentiment has changed, there is still great uncertainty about what term it is about whether the country can cut its deal with the US, and how China will respond, he continued.

Meanwhile, given the recent large numbers of volatility appear to be tied to the stock market, the move could remain higher than normal, and it takes into account that it is not clear about what will happen in the future, Higgins added.

The bond market movement is somewhat stable in Asia. Japanese 10- and 2 years Yields rose seven basis points each on Thursday as investors piled up on stocks. Australian yields 2 years Bonds have been down sharply since their initial tariff announcement last week, rising by two basis points.

In the memo, the Asian bond team at Nikko Asset Management said that Asian government bonds remain in position to be well placed for a proper performance, “supported by a regulating central bank in an environment of benign inflation and mitigation growth.”

“Concerns about a potential growth shock from US tariffs are likely to provide additional support to local bond markets. Furthermore, the relatively high FX reserves provide policymakers with the capability to protect their currency when needed.”