Signs of market stress worsening by the hour, Citi analysts say

NEW YORK, April 4 (Reuters) - Signs of market stress were worsening on Friday during a sharp stock selloff caused by trade war concerns after the announcement of sweeping U.S. tariffs, Citi analysts said in a note.

"Our scorecard of stress in markets is looking worse by the hour," they said. The analysts said , they were looking at market areas including cross-asset volatility, high-yield credit spreads, and liquidity in U.S. Treasuries.

The analysts said they were concerned market moves could push portfolio losses beyond risk limits, causing "further forced unwinds" of trades.