Treasury Yields, Dollar Fall Amid Widening U.S. Trade Deficit

Treasury Yields, Dollar Fall Amid Widening U.S. Trade Deficit

Treasury yields and the dollar fall as markets go back to the risk-off mood that followed Liberation Day.

The Fed starts its two-day meeting and is expected to keep interest rates unchanged. Chair Powell is likely to face questions about the impact of tariffs on monetary policy.

The U.S. trade deficit widens to a record $140.5 billion in March--a 14% increase from a month earlier, and a bigger jump from February than analysts had been forecasting. Imports increased 4.4%, and exports rose only 0.2%.