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US Bonds Rise as Soft Inflation Backs Bets on Two 2025 Fed Rate Cuts

(Bloomberg) -- Treasury debt slipped as gains for US stocks reinforced the broadening conviction on Wall Street that Federal Reserve interest-rate cuts are unlikely before December.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’A New Central Park Amenity, Tailored to Its East Harlem NeighborsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?Lawsuit Challenges Trump Administration Policy on Migrant ChildrenThe US government bond market

Trump’s Global Tariffs Face Key Test in US Trade Court

(Bloomberg) -- A group of small businesses urged the US trade court to block President Donald Trump’s “Liberation Day” global tariffs during a court hearing that could have a major impact on the Republican’s economic agenda.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’A New Central Park Amenity, Tailored to Its East Harlem NeighborsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?Lawsuit Challenges Trump Administration Policy on Mig