Trump triggers U.S. bond yield slide, dollar recovers - InvestingChannel

Trump triggers U.S. bond yield slide, dollar recovers



The dollar slumped after Trump’s remark that it was “getting too strong” and would hurt the U.S. economy, but it later clawed back those declines to snap a three-day losing streak, its longest since January.

“Trump now seems to appreciate the Fed’s dovish monetary policy stance given additional hikes will serve to boost the dollar,” Rabobank strategists wrote in a note on Thursday.