The Bond Market Would’ve Preferred a Different Election Outcome

By SNW Asset Management via

Anticipation of the release of Trump’s economic agenda is already moving markets, despite the lack of clarity and detail, any ability to handicap enactment success, or a timetable for accomplishment.

Wednesday and Thursday saw 10-year U.S. Treasury bond yields rise by a record amount. The selloff is continuing, although with a less extreme tone.

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