GLOBAL MARKETS - Stocks, Treasury Yields Gain as Odds of Trump Win Increase

July 16, 2024, 05.09 AM | Source: Reuters
GLOBAL MARKETS - Stocks, Treasury Yields Gain as Odds of Trump Win Increase

ILUSTRASI. GLOBAL MARKETS - Stocks, Treasury Yields Gain as Odds of Trump Win Increase. REUTERS/Brendan McDermid

GLOBAL MARKET - NEW YORK, July 15 (Reuters) - World stock indexes and Treasury yields rose on Monday as investors weighed the prospect of Republican Donald Trump winning the U.S. presidential race after he survived an assassination attempt, while the dollar dipped after comments from Federal Reserve Chair Jerome Powell.

Longer-dated U.S. bond yields climbed on the assumption that Trump policies would add to government debt and inflation, while crypto stocks rallied along with bitcoin. Trump has presented himself as a champion of cryptocurrency.

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