The yields of the 10 -year US bond recorded the biggest weekly rise in more than two decades on Friday, while the dollar fell in a “hectic” week characterized by the International Trade War.

Gold prices set another high record on Friday, as Beijing increased its duties on US imports to 125%, contradicting US President Donald Trump’s decision to increase tariffs on Chinese products.

World markets have been hit by sharp fluctuations this week, as investors reacted after Trump’s announcement of sweeping duties on April 2.

Even so, in the US, stock market indicators rose more than 1% a day, as banks started the first quarter of profits. The shares were also reinforced by the assurances of the President of the Federal Bank of Boston, Susan Collinsthat the Fed is ready to maintain the operation of financial markets if needed. All three main US markers also increased abruptly this week.

Topes of 10 -year bonds increased this week, with a volume of transactions well above the average.

“Trump continues to dominate the headlines and financial markets, especially as we enter this period of negotiations on tariffs“, Tim Ghriskey, Senior Portfolio Strategy in Ingalls & Snyder in New York.

‘There will be many developments’he said.

Strong 10 -year and 30 -year auctions on Wednesday and Thursday helped the market to stabilize, but many investors remain cautious to buy bonds until there is further improvement in liquidity.

The yield on 10 -year US10YT = RR bonds recently rose by 8.6 basis points a day to 4,478% and reached 4,592%, the highest of February 13. Recorded the largest weekly rise since 2001.

Urban trade policy concerns have made assets in euros look safer than their respective dollars. The yield on the German 10 -year bond de10yt = RR, the reference point for the eurozone block, fell 5 Bps to 2.53% on Friday.

JPMorgan Chase Jpm.n, Morgan Stanley Ms.n and Wells Fargo Wfc.n were among the big profits, which showed mainly that they had overcome the forecasts for the first quarter. The shares of Jpmorgan rose 4%.

Stock exchange

With the trade war raging, the Dow Jones Industrial Average rose 619.05 points or 1.56%, to 40.212.71 points, the S&P 500 rose 95.31 points or 1.81%, at 5.363.36 and Nasdaq 25%, or 3.3.3.724.

Nasdaq recorded the largest weekly percentage rise since November 2022.

Wall Street

MSCI’s Miwd00000pus all -world stock index increased 11.36 points, or 1.46%, to 790.63. The Pan -European Stoxx 600 Stoxx index closed 0.1%.

The dollar fell 0.9% to 0.81650 over the Swiss Franco = EBs, expanding losses in the previous meeting when it fell to its lowest level since January 2015. It presented the largest weekly decline since November 2022.

The dollar also reached a low three -year over the euro Eur.

Gold Xau rose 2% to $ 3,236.67, after a high record of $ 3,243.82 earlier at the meeting. Gold increased over 6% this week.

Oil prices also went up. Brent LCOC1 crude contracts stood at $ 64.76 a barrel, up $ 1.43 or $ 2.26%. The US crude barrel West Texas Intermediate CLC1 closed at $ 61.50 a barrel, up $ 1.43 or $ 2.38%.