Oddbean

A Trump Win Is Seen as a Risk to Fed Independence, Bond Market: Poll ========== According to a Bloomberg Markets Live Pulse survey, 44% of respondents expect Donald Trump to seek to politicize the Federal Reserve or limit its power if he is reelected as president. They put a probability of 40% on the Fed losing its autonomy under a second Trump administration. A push to roll back the central bank's independence would likely rock financial markets and undermine investors' faith in the Fed. Bond markets may already be unsettled in the event of a Trump victory. The survey also found that 24% of participants expect 10-year Treasury yields to rise more than 25 basis points if Trump wins. #Trump #FederalReserve #BondMarket #Poll https://www.bloomberg.com/news/articles/2024-06-02/a-trump-win-would-threaten-fed-independence-move-bonds-poll