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There Are Signs Trump’s Policy Onslaught Is Starting to Hurt Markets

Yields to Fall Again as Narrative Shifts: 3-Minute MLIV

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By Simon Kennedy and Alexander Nicholson

February 25, 2025 at 11:10 AM UTC

This article is for subscribers only.

Whisper it, but signs are starting to emerge across global financial markets that the weight of Donald Trump’s multi-pronged policy agenda is becoming a bit too much to bear.

Stocks sank today in Asia, while 10-year Treasury yields slipped to the lowest in more than two months. Bitcoin is also down.