'This is sell America' — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
Donald Trump
The " Sell America" trade is in full swing Tuesday morning after President Donald Trump and European leaders escalated tensions over Greenland . U.S. bond prices tumbled, sending yields spiking . The U.S. dollar index , which weighs the greenback against a basket of foreign currencies, fell nearly 1% on Tuesday. The euro, on the other hand, jumped 0.7% compared with the dollar. "This is 'sell America' again within a much broader global risk off," Krishna Guha, head of global policy and central
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