US bonds are suffering from a dismal performance:
- Forex Live US Forex News Summary July 1; US Yields Continue to Rise as Longest Period Ends
The Wall Street Journal published an article about rising bond yields. I will add a warning here for those with political motives. The article deserves careful reading. The paper says that yields rose:
- With investors and analysts largely pinning the move on the financial fallout of a potential Republican victory in November,
- The rule of thumb for investors is that deficits are always likely to be larger if Democrats or Republicans control both houses of Congress as well as the White House.
Bets on a Republican victory have been boosted since last week’s debate.
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Okay, back to waving your little flag for your team.
This article was written by Eamonn Sheridan on www.forexlive.com.