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Headline : Trumps stock market victory rally might not last long, Goldman Sachs says. Heres why

Read more from the original article on here at qz.com.





Tags : #trumps #stock #market #victory #rally #might #last #long #goldman #sachs #says #heres


No. of Paragraph 10

The Dow closed 1,500 points higher on Wednesday, boosted by Donald Trump’s decisive election win and a possible Republican-controlled Congress, signaling strong market optimism.

Alongside the stock rally, U.S. Treasury yields also increased, raising concerns among some analysts about market stability and the potential effects on equities.

The 10-year Treasury yield rose over 14 basis points, reaching 4.433%—its highest level since July. Similarly, the yield on the 2-year Treasury climbed by about 7 basis points to 4.274%, its highest since July 31.

Yields and bond prices move inversely – as yields rise, bond prices fall. This often indicates a shift toward safer investments, suggesting that investors may be cautious about putting money into equities amid anticipated economic changes under new leadership.

Read more from the original article on here at qz.com.


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