East Asia unites to counter U.S. trade pressure, ASEAN+3 back local bond markets cut reliance on Western finance

This is quite consequential. China, Japan, South Korea and the countries of ASEAN just issued a joint statement (https://asean.org/joint-statement-of-the-28th-asean3-finance-ministers-and-central-bank-governors-meeting/) in which they take a unified stance against “escalating trade protectionism”, a clear reference to Trump’s tariffs. They write that their …

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Junk bond yields have exploded. Markets are pricing in a higher probability of a credit event.

Junk bond yields have exploded pic.twitter.com/F8Slv78mou — The Great Martis (@great_martis) April 7, 2025 High-yield spreads are blowing out…$SPY $TLT pic.twitter.com/zV75YPlXh5 — Fibonacci Investing⚡️ (@FibonacciInves1) April 7, 2025 Market distress is skyrocketing: US high-yield corporate bond spreads are up 100 …

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Trump Says ‘Markets Are Going To Boom’

BREAKING: President Trump comments on the stock market's reaction and says "it's going very well" and the "market is going to boom." https://t.co/Mp5l2qc128 — The Kobeissi Letter (@KobeissiLetter) April 3, 2025 WASHINGTON — President Trump brushed off a steep stock …

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U.S. to have highest tariffs of any industrialized nation under Trump’s plan. Markets in uncharted waters, pundits have no clue what happens next

Trump’s tariff announcement will give the United States the highest tariff rates of any industrialized country byu/RobertBartus inEconomyCharts There is absolutely no way to assess what will happen next to the economy and the markets. Nobody knows anything, don’t waste …

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