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Market analyst Gabriel Rubin said that Trump is neck and neck with Harris in polls, and investors are getting clues from the gambling market, where odds have shifted in favor of Trump. As US bond yields climb to a three-month high this month, the US dollar has rebounded by over 3% so far in October, partly due to market preparation for the possibility of raising US tariffs after Trump's victory, which could push up inflation and force the Federal Reserve to continue raising interest rates. Trade concerns have pushed the expected volatility of the euro for the next month to its highest point in 18 months. James Athey, fixed income portfolio manager of Marlborough, said, "We have shifted our portfolio to a defensive strategy." He predicted that the US dollar would rise further, and he reduced his investment in US treasury bond bonds and switched to German treasury bond bonds. @ftihfhhhf
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