Former US President Donald Trump during an Economic Club of New York event in New York, US, on Thursday, Sept. 5, 2024.
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Fears are mounting that the U.S. could soon experience its own version of Britain’s “mini-budget” crisis, with bond strategists warning that Donald Trump‘s return to the White House brings with it the specter of currency volatility and surging bond yields.
President-elect Trump has pledged to deliver a litany of pro-growth initiatives, including tax cuts, steep tariffs, and plans to roll back corporate regulation.
The former president’s economic agenda has ratcheted up concerns about a surge in consumer prices, which strategists say could spark significant shifts in bond yields and investor behavior.
They warn a scenario that mirrors Britain’s mini-budget crisis of 2022 is not out of the question.
“Foreign central banks and institutional investors, traditional buyers of US 10y…
