Be in the know. 27 key reads for Wednesday…

  1. Investors Fear Another Big Blowup of Basis Trade as Treasuries Lose Haven Status (bloomberg)
  2. Weekly mortgage demand jumped 20% last week, as tariff volatility briefly tanked rates (cnbc)
  3. US Mortgage Rates Drop to Lowest Since October, Spurring Demand (bloomberg)
  4. US houses are shrinking as inflation pushes ‘McMansions’ out of reach (ft)
  5. Tariffs Are Coming for the AI Boom (wsj)
  6. Trump Must Deregulate U.S. Energy to Unleash AI Dominance (wsj)
  7. Traders boost bets Fed will start cutting rates in May (reuters)
  8. Companies’ rush to promise new US factories threatened by Trump tariff chaos (ft)
  9. Asian Nations Promise to Buy More US Gas to Win Tariff Relief (bloomberg)
  10. South Korea Eyes ‘Big’ Trade Deal After Long Awaited Trump Call (bloomberg)
  11. Vietnam’s deputy PM to meet US’s Bessent, Boeing on Wednesday, schedule shows (reuters)
  12. India Says Tariff Strategy Is to Seek US Trade Deal (bloomberg)
  13. The Treasury basis trade rears its head again (ft)
  14. Record-Breaking $1 Trillion Defense Budget: Trump, Hegseth Say It’s Happening (zerohedge)
  15. Boeing Closes In on Airbus With Strong First-Quarter Deliveries (bloomberg)
  16. Boeing deliveries in March jump by 41% compared to a year earlier (reuters)
  17. Pfizer Stock’s Fall to ’97 Level Lifts Yield Near 8%. Dividend Looks Safe. (barrons)
  18. Honeywell and 11 Other Stocks to Considering Buying After the Tariff Turmoil (barrons)
  19. If Tariff Deals Happen, These Stocks Could Pop (barrons)
  20. The 10 Best Dividend Stocks (morningstar)
  21. Disney Offers Discounts, Shows as New Universal Theme Park Looms (bloomberg)
  22. Alibaba executive sees ‘explosive growth’ in AI applications in China in 2025 (scmp)
  23. National Team Cavalry Arrives (chinalastnight)
  24. China slaps 84% retaliatory tariffs on U.S. goods in response to Trump (cnbc)
  25. Chinese Stocks Bounce Back as Stimulus Bets Counter Tariff Blow (bloomberg)
  26. China Has Readied a Trade-War Arsenal That Takes Aim at U.S. Companies (wsj)
  27. China Auto Sales Rose Sharply in March on Subsidies, Softer Price Competition (wsj)