BusinessTrump-Xi Summit Ends Without Deal, Fragile Truce Formed
The Trump-Xi summit concluded without a formal agreement but resulted in a fragile truce between the U.S. and China. Meanwhile, the U.S. and Iran are negotiating a phased deal concerning the Strait of Hormuz. Additionally, the Rhine River has dropped to a record low, negatively impacting shipping. Markets note a seven-month streak of rising 10-year yields, the longest in 50 years.
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