Investors Seek Safety In Bonds, Alarming U.S. Markets

Specter of a recession is raised as U.S.- China trade scuffle drags on. U.S. markets extended their month-long retreat Wednesday as investors accelerated their flight from equities for the relative safety of bonds, reflecting concerns that the U.S.- China trade scuffle has settled into trench warfare. It finished Wednesday down 221 points, or 0.87 percent, to…