Germany’s recent spending plans have impacted the 10-year Treasury note and the dollar, causing fluctuations in the market. The euro reached a four-month high while stocks declined, as investors weighed developments regarding Trump’s tariffs. A global bond sell-off has deepened, triggered by reactions to both Trump’s tariffs and what has been described as a German ‘paradigm shift.’ Europe is experiencing a significant bond rout, with Germany notably jolting the markets. This activity reflects a broader response from investors adjusting to new fiscal policies and trade dynamics. — news from MarketWatch