Financial industry executives expect the Trump administration to stimulate large banks' mergers and acquisitions.
On November 13, according to Reuters, executives and analysts from the american financial sector stated that as former President Trump returns to the White House, government-appointed regulators are likely to adopt a more favorable stance toward approving large trades, which may lead to a wave of bank mergers and acquisitions.
Traders increase their bets on buying put USA government bonds, as Trump's policies are expected to reignite inflation.
Traders are increasing their bets on further decline in the usa bond market, anticipating that the policies promised by Trump will reignite inflation and keep usa interest rates high. Data released on Tuesday showed that open interest in two-year note futures contracts rose for the fourth consecutive trading day. This indicates traders are building put positions after the election and before the release of October inflation data on Wednesday. As short bets expand, US bonds are being sold off, with yields rising more than 10 basis points across the board on Tuesday. An indicator of bond roi is only 1.4% away from erasing this year's gains. Citigroup strategist David Bieber reported
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Citigroup CEO Says Its `game on' for M&A in the U.S. Post Election
Citigroup Options Spot-On: On November 12th, 201.54K Contracts Were Traded, With 2.4 Million Open Interest
On November 12th ET, $Citigroup(C.US)$ had active options trading, with a total trading volume of 201.54K options for the day, of which put options accounted for 21.96% of the total transactions,
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