Overview

• President Trump announced a 90-day pause on aggressive tariffs, described by analysts as a 'Trump put' aimed at stabilizing markets.
• UK long-term government bond yields dropped sharply, easing fiscal pressures and improving borrowing conditions.
• Global bond markets, including U.S. Treasuries, reversed earlier sell-offs as investor sentiment rebounded.
• Stock markets worldwide saw significant gains, with major indices in the U.S. and Europe experiencing their strongest rallies in years.
• Uncertainty remains over long-term trade agreements and potential future tariff policies, keeping markets cautious.