Trade Tensions Flare as Economic Data Paints a Mixed Picture

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BondWatch Editorial

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Today’s Brief China has denied any ongoing trade deal negotiations with the U.S. and insisted on the complete removal of all unilateral U.S. tariffs. This stance has injected uncertainty into trade relations. U.S. durable goods orders saw a significant surge of 9.2% in March, primarily driven by a large increase in orders for nondefense aircraft…...

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