💨 Abstract

stock futures and the dollar climbed in Asia as the U.S. presidential election remained too close to call, causing investors to be cautious. Treasury yields rose, while the Federal Reserve is still expected to cut interest rates by 25 basis points. Analysts expect Trump's proposed policies to put more upward pressure on inflation and bond yields, potentially pushing up the dollar. The election outcome could limit fiscal damage and be beneficial for bondholders.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖