Global bond markets experienced turbulence following Donald Trump’s tariff pause, triggering rapid unwinding of interest rate cut expectations. Australian and New Zealand bonds plunged, mirroring the US yield curve flattening, while Japan saw longer-end bonds face selling pressure. Instability is expected to persist as traders navigate uncertain trade negotiations and their impact on growth and inflation.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across