TSX:AX.PR.E - Post by User
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DZtraderon Jul 03, 2024 10:06am
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Post# 36116148
...............further to
...............further to Just another little snippet, this time out of Bloomberg but shared by the majority. Baring in mind, there are large forces moving the bond market around, has been for some time and this likely continues until such time as the masses stand up and make it a real issue.
Trump bets
Looking further ahead, traders in the $27 trillion Treasury market are betting on higher long-term bond yields as Wall Street starts to adjust for Donald Trump’s potential return to the White House. Investors have been buying shorter-maturity notes and selling longer-term ones after Trump came out ahead of President Joe Biden in the first presidential debate. “It’s still too soon to fully price in an election outcome — but probably not too early to leg into it,” said Subadra Rajappa, head of US rates strategy at Societe Generale SA.