Global markets fall as trade fears grow

Global stock markets dropped on Friday, and the U.S. dollar also weakened. This happened as a result of a big selloff in bonds and ongoing trade tensions between major countries, which increased fears of a recession. Investors became nervous and moved their money into safer options like the Swiss franc and gold, both of which rose sharply.

U.S. government bonds saw heavy selling, with the 10-year yield rising quickly—the biggest increase in over 20 years. This, along with the falling dollar, shows that investors are losing confidence in the U.S. economy. Analysts say this isn’t just about worries over slow growth or trade problems—it may signal something more serious.

In Asia, Japan’s stock market dropped 4.3%, while South Korea’s also fell. Taiwan’s market recovered a bit. U.S. and European stock futures improved slightly after earlier losses.

The U.S. dollar hit its lowest point in 10 years against the Swiss franc and dropped to a six-month low versus the yen. The euro rose strongly. While U.S. inflation data looked better, experts believe that tariffs could still push prices higher.

Meanwhile, gold hit a record price, and oil prices fell due to fears of a long trade fight between the U.S. and China.