BlackRock: All indicators suggest that Trump will win
ChainCatcher news, according to Jinshi reports, although it is still too early to draw conclusions about the White House race, as many key battleground states have yet to determine a winner, there are clear capital flows in various fields from the government bond market to betting websites, indicating that Trump is not far from victory.
The yield on the U.S. 10-year government bonds has risen by nearly 20 basis points, while the yield on Australian equivalent bonds has increased by nearly 12 basis points. The dollar has strengthened, and the stock market has generally performed well. Craig Waddy, head of fixed income at BlackRock, stated that the interest rate market is "bear steepening," which is the trend under the expectation of a Trump victory.