“Trump wants to get re-elected, so you may see him do some things near-term that potentially keep the economy going, ” Kiesel said.
NEW YORK: Bond bulls had a great August, as a ferocious rally drove yields in the world’s biggest markets to record lows. Now some investors say that’s as low as they’ll go.
The Federal Reserve and the Bank of Japan are set to announce their next policy decision. Those events might normally stir up bond prices, even without this week’s upheaval in global money markets. But expectations for the extent of easing have dimmed, leading some to conclude that benchmark yields troughed a few weeks ago.
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