It's wanting increasingly like a purple sweep

It seems to be like Republicans can have free reign to manage the legislative agenda for no less than the subsequent two years.

The bond market has been sniffing this out for awhile and is wilting at the moment, with 30-year yields now up 19 bps on the idea that Trump tax cuts might be prolonged and that there might be huge, ongoing fiscal deficits.

The query is: When do shares begin being attentive to rising yields?

This text was written by Adam Button at www.ubaidahsan.com.



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