Reported about 2 months ago
As investors grow skeptical about Donald Trump's chances in the upcoming U.S. presidential election, Treasury yields have decreased and the dollar has weakened. Recent polling suggests a potential lead for Democrat Kamala Harris, prompting a reevaluation of 'Trump trades' that had previously benefited from expectations of his low-tax and high-tariff policies. The shifting market sentiment has resulted in gains for the Mexican peso and a drop in Bitcoin, with bond traders adjusting their positions ahead of Election Day.
Source: YAHOO