Reported about 1 year ago
Edmond de Rothschild's Chief Investment Officer Benjamin Melman stated that if Donald Trump wins the U.S. presidential election, there will be a significant increase in long-term U.S. Treasury yields due to Trump's policies on taxes, immigration, and tariffs. Melman emphasized that Trump's approach is inflationary and could lead to higher inflation levels. Market expectations for a Trump victory have already pushed ten-year U.S. Treasury yields to over three-week highs. Edmond de Rothschild is taking a cautious stance on European assets until the French political situation stabilizes.
Source: YAHOO