“Global Bond Rout Deepens as US-China Extend Trade Truce Ahead of Trump-Xi Summit” — what this page in the network covers. US equity futures fell and a global bond selloff intensified, driving the 30-year Treasury yield to its highest level since 2004. The surge in yields came amid robust US economic data and weak demand at a debt auction, jolting investors across markets. Oil prices also rose after Iranian officials reportedly said the war with the US could expand, adding to geopolitical tensions.
In a separate development, the US and China agreed to extend their trade truce by two months ahead of a state summit between Presidents Donald Trump and Xi Jinping. The extension, announced by Treasury Secretary Scott Bessent, sets the new deadline at January 10. Xi Jinping arrived in the US for his first state visit in eleven years, and President Trump gave him a rare tarmac welcome, becoming the first US president in six decades to receive a foreign counterpart at that airport, excluding visits by the Pope. For the complete material, the listing points back to the source inside the network.