0856 ET - The sell-America trade is back, with Treasurys, U.S. stock futures and the dollar selling off as Trump's aggressive push to annex Greenland rattles markets. "The fact that the dollar is falling while the euro is rising on the crisis says global investors at the margin are looking to reduce or hedge their exposure to a volatile and unreliable US," Evercore ISI analysts write. "What remains to be determined is the magnitude and duration of these dynamics." They say markets still hope for a compromise. The dollar weakens 1% against the euro and the Swiss franc, while the 30-year Treasury yield approaches 5% and gold and silver prices reach new intraday highs. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
January 20, 2026 08:57 ET (13:57 GMT)
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