"Bond Vigilantes" target Trump, the "anchor of global asset pricing" dances again.
The financial markets believe that Trump's policies may lead to inflation and increase federal debt, causing US bond interest rates to rise.
Treasury Yields Hover Near 4-month Highs as Attention Turns to Fed
The Fed's interest rate cut tonight is without suspense! But there are two issues troubling the market.
The financial markets almost certainly believe that the Federal Reserve will continue to cut interest rates by 25 basis points at tonight's monetary policy meeting. But in a suddenly more complicated context, the focus of the market's attention is on the Fed's future work train of thought.
Daily options recap | Coinbase's call option soared 81 times! "Trump trade" bullish news released; Tesla surged 14%, the highest profit from call options was 7 times.
Nvidia rose 4% last night with large buyers purchasing 0.0856 million units of call options expiring this Friday, involving $43.5051 million; The single-day surge of Coinbase attracted short sellers, with large investors betting over $0.2 billion on a bearish outlook.
After returning to the White House, the Trump administration faces "five major economic challenges".
El-Erian said that Trump must find a way to reposition the economy while maintaining economic growth, addressing high budget deficits and rising debt issues, avoiding excessive use of favored economic tools, restoring usa's leadership position in the global economic and financial order, and adopting appropriate communication methods.
Fed Interest-Rate Cut Still Likely After Trump's Win but December Is Open