CoinVoice has recently learned, according to Jinshi reports, that although it is still too early to draw conclusions about the White House race, as many key battleground states remain undecided, there are significant flows of capital across various sectors, from the government bond market to betting websites, indicating that Trump is not far from victory.
The yield on the 10-year U.S. government bond rose by nearly 20 basis points, while the yield on the Australian equivalent bond increased by nearly 12 basis points. The dollar strengthened, and the stock market generally performed well. Craig Wadhams, head of fixed income at BlackRock, stated that the interest rate market is undergoing a 'bear steepening' trend under the expectation of a Trump victory. [Original link]