8 November 2024
Donald Trump’s victory in the 2024 U.S. presidential election has caused significant volatility in the bond market. Initially, Treasury yields surged on expectations of higher economic growth and inflation under a Trump administration. However, as the week progressed, yields retreated as investors reassessed the potential timing and impact of Trump’s proposed policies. The bond market’s reaction highlights the uncertainty surrounding the new administration’s economic agenda and its potential effects on inflation and interest rates