By Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will remain range-bound over coming months as mounting concerns of an economic downturn dominate tariff-linked inflation fears, pushing bond strategists in a Reuters poll to broadly revise their yield forecasts lower from last month. Recent weakness in macro data coupled with President Donald Trump’s comment that sweeping tariffs could cause Americans some “short-term” pain  has raised recession risks in the world’s largest economy and sent the … Read more…

By Jeff Mason, David Ljunggren and Doina Chiacu WASHINGTON/OTTAWA (Reuters) – President Donald Trump on Tuesday ramped up a burgeoning trade war with Canada, vowing to double tariffs set to take effect within hours on all imported steel and aluminum products from America’s northern neighbor to 50%, although he later said he would likely lower them after Canadian officials agreed to talks. Trump’s latest salvo, which sent financial markets reeling and rekindled fears of inflation, … Read more…

By David French and Marianna Parraga HOUSTON (Reuters) -BlackRock CEO Larry Fink said on Monday that inflation in the United States will be elevated by nationalistic policies, including the deportation of workers. The head of the U.S. investment management company, speaking at the CERAWeek conference in Houston, added that markets are discounting inflation and there will be further cost increases over the next six to nine months. “I think if we all are becoming a … Read more…

WASHINGTON (Reuters) -U.S. President Donald Trump plans to sign an executive order on Monday designed to empower state and local governments and citizens to handle disaster preparations and relief, a White House official said. The order is in keeping with Trump’s drive to place more responsibility for disaster response to states and away from the Federal Emergency Management Agency. The White House official, describing the contents of the order, said it delivers on Trump’s commitment … Read more…

By Michael S. Derby (Reuters) -Americans grew more worried about the economic outlook in February even as their expectations of the future path of inflation were little changed, a report on Monday from the Federal Reserve Bank of New York said. According to the bank’s latest Survey of Consumer Expectations, inflation a year from now is seen at 3.1%, up a hair from January’s 3% reading, while the projected level of inflation three and five … Read more…