US stocks rebound quickly, interesting. Looks like both sides have resources to sustain their will. What's important is neither side should have the illusion they can easily win over the other.After all they're both major powers. Trade game may last longer than many think it will
— Hu Xijin 胡锡进 (@HuXijin_GT) May 14, 2019
A senior Trump administration official said the differences between the U.S. and China are so profound that, based on his read of the situation, he can't see the trade fight getting resolved before the end of the year. https://t.co/bRhzveLss8
— Axios (@axios) May 14, 2019
The dangerous proxy war between the U.S. and China is taking a darker turn.
Treasury yield curve inverts again as trade tensions rattle stocks
The U.S. Treasury yield curve inverted again Monday, with the 10-year note yield falling below the yield of the 3-month bill, as trade tensions led nervous investors to buy long-term government bonds.