Reported 16 days ago
Donald Trump's victory in the recent presidential election has led to a significant increase in stock prices, reaching record highs, while bond prices have fallen, resulting in higher yields. Economists suggest that the stock market's response reflects relief and optimism regarding Trump's economic plans, whereas bond traders express concern over potential rising deficits due to Trump's promise of tax cuts and tariffs, which could reignite inflation. The bond yield for 10-year Treasury notes reached a four-month high, indicating investor unease with long-term fiscal stability under the new administration.
Source: YAHOO