DBJP - EU Crisis Averted. Same Time Next Week?
2025-05-27 20:15:00 ET
Summary
- Wall Street sprinted back from last week’s slump on Tuesday, fueled by Trump’s trade policy spin cycle, a jolt in consumer confidence, and falling bond yields.
- After threatening a 50% tariff blitz just days ago, President Trump now says he’s delaying it until July 9 thanks to “a very positive call” with European Commission President von der Leyen.
- Japanese officials unfurled a delicate origami of intent to trim super-long bond issuance, soothing global bond markets still rattled from last week’s rout.
- May’s consumer confidence jumped to 98 from 85.7 in April, snapping a five-month skid.
Wall Street sprinted back from last week’s slump on Tuesday, fueled by Trump’s trade policy spin cycle, a jolt in consumer confidence, and falling bond yields. Threats receded, optimism returned, and risk-on got its groove back....
EU Crisis Averted. Same Time Next Week?