At World Economic Forum 2026 in Davos, Donald Trump’s Greenland push, tariff threats of up to 200%, and a proposed $1 billion “Board of Peace” are dominating day 2 of talks.
🇺🇸 US Treasuries slid, with the 30-year yield up 6 bps to ~4.91%, as Donald Trump’s Greenland tariff threats fueled inflation fears and sparked a global bond selloff.
🥇 #gold# jumped to a record ~$4,700/oz as dispute-fueled US-Europe trade-war fears and safe-haven buying.
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