A big part of the move is better growth and expectations of growth as well.
None of that changed today but the big news is that Trump didn't initiate any kind of trade war. He continued to promise tariffs in his inaugural speech but is first executive order on that front was only to investigate trade practices, including those of China, Mexico and Canada.
The big reason is that trade wars are like real wars -- expensive. If we were to get big US tariffs and big retaliation from trading partners, then governments would respond with more spending. Instead, early indications are that Trump will look to negotiations first.
Obviously, everything is subject to change with Trump and nothing is set in stone but it's going to 'one day at a time' for four years, just like the first time.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about treasury yields should slide following the early trump comments was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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