Analyzing Today's Tariff Developments, Markets Pricing in Two Rate Cuts

"Six major things that would normally be the biggest thing of the day" happened today, says Charles Schwab's Mike Townsend. The biggest of those developments: a tariff pause between the U.S. and China. He talks about what it means for a trade deal framework ahead and other market movers happened in Washington D.C. Cooper Howard turns to the 10-year treasury yield and how investors are dampening expectations for Fed interest rate cuts.

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