US returns on China's tariff reaction; Job report is the impact of the impact

* China’s tariffs increase the trade war, sends our Treasury yields lower * US job reports exceed expectations * Fed rate cut expectations on recession’s rise, the rates’ impact by Chuck Mikolajczak New York, -US Treasury yields fell on Friday against US President Donald Trump’s extraordinary imports. Yields dropped when China announced additional 34% rates on US goods on Friday, the most serious escalation in a trade war with Trump who fueled the global recession fear and led to the steepest drop of the stock market in a few years, asking for a flight to secure assets by investors. But the returns had a few declines after the Department of Labor said the payroll of non -boom increased by 228,000 jobs last month, far above the forecast for a profit of 135,000, after a downward revised increase of 117,000 in February, while the unemployment rate rose to 4.2%. “There is not much to not like the employment report,” said Brian Jacobsen, chief economist at Annex Wealth Management in Menomonee Falls, Wisconsin. “The Fed does not meet another month, but if it does, it can comfortably lower if rates are still in place at that time, but it probably won’t have a sense of urgency.” The returns in the returns were cozy during Fed chairman Jerome Powell’s remarks at a journalist conference in Arlington, Virginia, but remained sharply lower on the session. Powell said Trump’s rates are ‘bigger than expected’ and the economic fall, including higher inflation and slower growth, is likely to be too, but the central bank has time to wait to see how the data unfolds before determining the response to monetary policy. Investors have fled to the safety of bonds worldwide after Trump revealed his long-awaited tariff plan on Wednesday, which includes a minimum rate of 10% on most goods imported into the country, with much higher duties on dozens of countries. “The volatility we clearly see is a function of uncertainty, the level of uncertainty remains extremely high at the moment with the wide range of outcomes.” Bill Merz, head of Capital Markets Research at US Bank Asset Management in Minneapolis, said. “When we had the tariff announcements, there was obviously a clear and significant negative reaction to it. And since then, investors in general, and the market response has really taken care of the idea that there can be additional negative announcements or, to the contrary, positive announcements.” Recession fears that the return on the 10-year Treasury note dropped by 8.3 basis points to 3.972% after dropping to a low-six-month low of 3.86% and was the largest weekly drop in about eight months. The yield on the 30-year-old mortgage tumbled 10.1 basis points to 4.383% after dropping to a lowest lowest 4.331% of four months. The fear of the recession increased market expectations. The Fed will be more aggressive to lower interest rates this year. Expectations for a cut of at least 25 basis points at the Central Bank meeting of May 6-7 now stand at 31.8%, according to CME Group’s Fedwatch Tool, higher than 21.9% in the previous session. According to Lseg -data, there are currently markets in 91 basis points of cuts for 2025. The returns of the US Treasury of two years, typically moving in step with interest rate expectations, dropped by 8.3 basis points to 3.605% after hitting 3.465%, the lowest level since the beginning of September 2022 and was at the score for its largest weekly week. Part of the US Treasury yield curve that measures the gap between yields on two and 10-year treasury notes, seen as an indication of economic expectations, was at a positive 32.6 basis points. In a post on his media platform on Friday, investors, which he believes, are investing large amounts of money in the US, Trump said his policy would never change. In the aftermath of rates, several analysts increased their predictions for a recession, including Goldman Sachs and JP Morgan, as the latter increased the likelihood of a recession in the global economy to 60% of the end of this year. The getaway rate at five-year US Treasury Inflation Protected Securities was last at 2.383% and was ready for the lowest year of the year. The ten -year tips scoring was at 2.168%, suggesting that the market is about 2.2% per year for the next decade. This article was generated from an automated news agency feed without edits to text.