Wednesday’s relief rally suggests the ‘Sell America’ trade is on pause. But is the worst really over? - MarketWatch
1. Investors paused the 'Sell America' trade, boosting long-term Treasurys. 2. 30-year yield dropped by 15.5 basis points in a strong rally. 3. Concerns about U.S. debt levels are growing amidst economic uncertainty. 4. Federal Reserve's Powell will remain chairman until May 2026. 5. A multi-decade trend toward diversifying out of U.S. assets is anticipated.