Tariff fears sour consumer sentiment, push mortgage rates up

Contributing sentiments towards policy:

60% : To Sindreau, the simplest explanation is that investors are worried that a trade war will upend global trade, which is making them "less confident in holding U.S. financial assets.
50% : In announcing a 90-day pause on country-specific "reciprocal" tariffs on dozens of U.S. trading partners on April 9, Trump indicated that he'd been watching bond yields rise, noting "people were getting a little queasy." "The Treasury market freaked everyone out this week," when yields climbed even as the stock market tanked -- the opposite of the usual flight to safety reaction, Wall Street Journal columnist Jon Sindreu noted Friday.

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