US President Donald Trump speaks after announcing and initial deal with China while meeting the … [+]
Immediately after President-Elect Donald Trump won his second term last week, the US dollar surged, while US Treasuries fell.
Both moves are opposite sides of the same coin: Investors believe Trump’s policies will be inflationary. The theory suggests this would happen for a couple of reasons:
- The US government will spend more, and interest rates will rise higher than rates…


