BlockBeats News Update, April 9th: Following China's announcement of raising tariffs on American goods from 34% to 84%, S&P 500 index futures plunged. Prior to this, the US bond yield surged to 4.46%, and the Wall Street Journal US Dollar Index continued to decline. George Saravelos, a strategist at Deutsche Bank, warned that US assets (stocks, bonds, and the US dollar) are collapsing together, signaling a loss of confidence in US assets and a rapid advancement of 「de-dollarization」.
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