Market Volatility and Economic Concerns

Tumbling stock markets and rallying Treasury bonds steadied in Europe after previous day's dramatic moves. President Trump's comments about a potential economic slowdown contributed to market concerns. Traders are now pricing in 85 basis points of easing from the Fed this year, while investors are cautious about inflation and tariffs impacting the economy. Safe havens like the Japanese yen and gold are in demand amidst market volatility.