đź’¨ Abstract
stock futures and the dollar rose in Asia as the U.S. presidential election results remained uncertain, causing investors to be cautious. Treasury yields climbed as some betting sites swung to favor Trump, while the Federal Reserve is still expected to cut interest rates by 25 basis points on Thursday. Analysts expect Trump's policies to put more upward pressure on inflation and bond yields compared to Harris' center-left policies.
Courtesy: theprint.in
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