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VW's Traton sees tepid truck market in 2025, shares fall

(Reuters) -A cautious sales outlook for the commercial vehicle market in 2025 amid a weak global economy sent shares of Volkswagen's truck unit Traton falling on Monday. The Scania owner's shares were down 5% at 1055 GMT, also dragging down peers Daimler Truck and Volvo. The truck maker forecast 2025 sales to range from -5% to +5% with an operating return on sales of between 7.5% and 8.5%, expecting a stronger truck market in the second half of 2025.

Bond Market’s Trump Trade Is Looking Like a Recession Play

(Bloomberg) -- Bond traders are signaling an increasing risk that the US economy will stall as President Donald Trump’s chaotic tariff rollouts and federal-workforce cuts threaten to further restrain the pace of growth.Most Read from BloombergNJ College to Merge With State School After Financial StressTrump Administration Plans to Eliminate Dozens of Housing OfficesWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside t

Stocks drop with Treasury yields as Trump interview fuels growth worries

MSCI's global equities gauge was down 1.7% after earlier touching a near two-month low on Monday while U.S. bond yields dropped as investors worried about an economic slowdown after U.S. President Donald Trump did not rule out a tariff-related recession. Investors started seeking safety as early as Sunday when Trump in a Fox News interview talked about a "period of transition" while declining to predict whether his tariffs on China, Canada and Mexico would result in a U.S. recession. Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut, cited concerns around tariffs including Trump's interview as key factors behind Monday's risk-off mood.