‘Trump Thump’ whacks bond market for $1 trillion loss
- 14-Nov-2016
NEW YORK: Donald Trump’s stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, as bets on faster US growth and inflation lead investors to favour stocks over bonds. A two-day thumping wiped out more than $1 trillion across global bond markets worldwide, the worst […]