Reported 22 days ago
Bond traders are cautiously retreating from their positions ahead of the closely contested US elections, with many liquidating Treasury futures and trimming wagers due to uncertainty about the political outcomes. Various scenarios are projected, with a GOP sweep potentially harmful for bondholders, while a win by President Kamala Harris could lead to a bond rally. With high market volatility, traders are hesitant to make bold moves until after the elections.
Source: YAHOO