Tweet Trump is scaring scholarships

Tweet Trump is scaring scholarships

World September 5, 2017 15:33

amsterdam - A twitter of US President Trump about extra sales of US weapons to Japan and South Korea in the conflict with North Korea causes some fright at the stock market.

The effective interest rate for US government bonds was returned by investors to 2.1099%. Investors sought safe ports, also gold went up again Tuesday.

The president's tweet comes as a response to the test with a heavy hydrogen bomb by North Korea. Then the yield on US Treasuries returned from 2.165% to 2.13%.

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The US Department of Defense reported on Monday the reassessment of placement of tactical nuclear weapons in South Korea.

That step would immediately increase the tension, the Trump tweet also confirms the fear in financial markets. The United States had already established hundreds of nuclear weapons in South Korea until 1991, when President George H. W. Bush retrieved them.

The effective interest rate for US government bonds was returned by investors to 2.1099%. Investors sought safe ports, also gold went up again Tuesday.

The president's tweet comes as a response to the test with a heavy hydrogen bomb by North Korea. Then the yield on US Treasuries returned from 2.165% to 2.13%.

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The US Department of Defense reported on Monday the reassessment of placement of tactical nuclear weapons in South Korea.

That step would immediately increase the tension, the Trump tweet also confirms the fear in financial markets. The United States had already established hundreds of nuclear weapons in South Korea until 1991, when President George H. W. Bush retrieved them.

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