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Market Comment | US not in a hurry to reach a trade deal with China

Published on Tuesday, December 3, 2019

Market Comment | US not in a hurry to reach a trade deal with China

Investors were risk-averse as US trade frictions with the rest of the world keep mounting.

Key points

  • Key points:
  • Sovereign bond yields dropped amid rising trade tensions.
  • Market expectations of further rate cuts by the Fed increased.
  • Safe-haven assets strengthened.
  • US stock markets dropped, while the VIX index rose.

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