Has the relationship between the U.S. and China simply hit a speed bump or are the events of the last several days a sign of something more serious? WSJ's Gerald F. Seib explains. Photo: GettySome prominent U.S. investors are buying Treasurys and planning to sell stocks, saying escalating trade tensions with China could threaten the 10-year bull market for equities. Many have scrambled to reverse bets on an imminent deal between the U.S. and China and are now settled in for a dispute they expect to roil markets for months to come. Others are taking out insurance on further market declines by buying investments that rise in value when stocks fall, such as put options.
Source: Wall Street Journal May 19, 2019 09:56 UTC