Reported 12 months ago
Financial markets are starting to anticipate the results of the upcoming election earlier than usual, with the interest rate on 10-year Treasury securities increasing by 10 basis points since June 27. This change in outlook is attributed to President Trump's improved odds of winning, along with the possibility of Republicans gaining control of Congress. Investors believe that Trump's policies in a second term, including imposing new tariffs and cutting taxes, would likely push interest rates up. The potential for 'Trumpflation' could halt the current trend of rate cuts by the Federal Reserve and lead to higher inflation levels in the future.
Source: YAHOO