FICC Research Economics 11 April 2025 Global Economics Weekly Pause... and reflect? A pause of reciprocal tariffs only partially contained the financial fallout, as rising Treasury yields and a weakening dollar suggest flows out of USD assets. With an escalating US- China trade war adding to global growth fears, the focus is now on negotiations and potential central bank action. Global Synthesis Pause... and reflect?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...