US Treasuries recover post-election losses as investors rethink ‘Trump trades’

In response to Donald Trump’s election victory, US Treasuries have rebounded from a sell-off, with the 10-year Treasury yield dropping to 4.27%. Investors are questioning the impact of Trump’s policies on inflation and interest rates, with the Federal Reserve chair emphasizing a wait-and-see approach. Market sentiment has shifted, with US stocks rising and traders anticipating a possible rate cut at the Fed’s December meeting.

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