From an accelerated decoupling of the world’s two largest economies to a dialogue on whether or not China may weaponize its huge holding of Treasuries, buyers are outlining how US Home Speaker Nancy Pelosi’s Taiwan trip might ripple throughout world markets. 

Haven property whipsawed in a single day as issues in regards to the degree of navy response from China dissipated and Treasuries offered off on hawkish comments from Federal Reserve officers. The yen noticed an abrupt turnaround, sinking greater than 1% after its strongest four-day run since 2020 and benchmark US yields jumped 18 foundation factors. Shares remained beneath strain.

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