Republican presidential nominee, former U.S. President Donald Trump complains about his microphone not working properly during a campaign rally at the Fiserv Forum, the same place that hosted last summer’s Republican National Convention, on November 01, 2024 in Milwaukee, Wisconsin.
Chip Somodevilla | Getty Images
The potential that Donald Trump could prevail in the presidential race has contributed to sentiment in financial markets that the firebrand candidate’s policies could stir both economic growth as well as inflation.
In the case that Donald Trump defeats Kamala Harris, some see a scenario in which rising fiscal deficits, along with a potential global trade war, could mean higher inflation and surging bond yields, along with gains in the stock market.
Being that yields and prices move in the opposite direction, that would be bad for underlying fixed income value. Depending on how things trend, there’s even talk about the return…
