US Treasuries were hit hard, with the 10-year yield, a global benchmark for borrowing costs, jumping to 4.51 per cent before easing to 4.36 per cent, up 0.1 percentage point on the day and rising from ...

Trump’s “reciprocal” tariffs brought additional US levies on Chinese imports since last week to 104 per cent at 00.01 Eastern time on Wednesday morning. China will impose additional 34 per cent ...