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BlackRock: All aspects of the market indicate that Trump will win
PANews reported on November 6 that although it is still too early to draw conclusions about the battle for the White House, because many key battleground states have not yet decided the winner, there are obvious financial flows in various fields from the government bond market to betting websites, which indicates that Trump is not far from victory. The US 10-year government bond yield has risen by nearly 20 basis points, while the yield on its Australian counterparts has risen by nearly 12 basis points. The dollar is higher and the stock market is generally stronger. Craig Wady, head of fixed income at BlackRock, said the Intrerest Rate market is “bearish steepening” in anticipation of Trump’s victory.