US stock futures rose and longer-maturity bonds retreated as investors ratcheted up wagers that Donald Trump would win the presidential election after an assassination attempt. The US 30-year yield rose above the two-year for the first time since January on bets that Trump would pursue a more expansive fiscal policy if he returns to the White House. The dollar rallied against most of its G-10 peers and US stock futures climbed. “The shooting has seen the market positively re-appraise Trump’s chances of winning — this is why we are seeing the yield curve steepen more in the medium term,” said Stuart Cole, head macro […]
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