00:00It's Benzinga bringing Wall Street to Main Street.
00:02The U.S. dollar weakened against most major currencies.
00:05Treasury yields fell after Bloomberg News reported that Donald Trump's
00:08incoming economic team is considering gradual tariff hikes.
00:12The Bloomberg dollar spot index dropped as much as 40 basis points,
00:16and the 10-year Treasury yield slid three basis points.
00:19Trump's economic advisors are continuing a gradual approach
00:22to tariffs instead of a one-time large increase.
00:26This strategy could weaken the dollar by easing inflationary pressure
00:29and providing the Federal Reserve with more flexibility to lower interest rates.
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