Trump sparks $1TR bond sell-off pushing yields up to six-month highs while gold hits a five-month low

Bullish investors are dropping their bets on safe havens in a bid to make money backing the stocks likely to benefit from a Donald Trump presidency.
A sell-off of global bonds, which has seen more than $1trillion pulled out in the last week, continued yesterday pushing yields up to six-month highs, while gold has plunged to a five-month low.
Ahead of the US election nervous investors ploughed millions into so-called safe haven investments. 
Bonds offered the protection of a guaranteed yield, albeit a low one, while gold is considered a safe, physical store of value.
But investors have... read more

14 November 2016 in Business, Views: 54
Source: Daily Mail

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