Donald Trump’s U.S. election victory has raised concerns about higher prices, leading strategists to reassess global bond yields and currencies. The president-elect’s proposed tax cuts and tariffs are expected to boost economic growth but may widen the fiscal deficit and fuel inflation. Trump’s return to the White House could disrupt the Federal Reserve’s rate-cutting cycle, potentially keeping Treasury yields on an upward trajectory, with the 10-year Treasury yield trading higher at 4.4158% on Wednesday morning.
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Lawmaker urges prison workers to tell her about immigrants
State Sen. Terri Bryant of Murphysboro is encouraging Illinois Department of Corrections employees to secretly provide her with information on undocumented immigrants in state prisons so she can pass it on to federal immigration authorities, despite the state's sanctuary law. Bryant's messages come after President Trump's crackdown on illegal immigration and she insists she will protect the identity of the employees who share the information. Civil liberties groups have raised concerns that Bryant is encouraging...
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