On April 11, Fed Kashkali said today, "Recent market trends show that investors are leaving the safest investment location in the United States as Trump's trade war escalates. With the rise in U.S. Treasury yields, the dollar has depreciated against global currencies in recent days, the trend is the opposite of what is usually seen. Normally, when you see a significant increase in tariffs, I expect the dollar to appreciate. I think the fact that the dollar is falling at the same time makes the statement that investors' preferences change more credible. Investors around the world see the United States as the best place to invest, and if that's the case, we'll have a trade deficit. So one way to show now is that the yields of all kinds of assets in the United States are lower. If the trade deficit falls, investors may say, well, the United States is no longer the most attractive investment location in the world, and then you'll see bond yields rising. What I'm seeing is the pressure in the operation of the market, not the serious chaos."