Treasuries Fall Ahead of Auction as Trump Pledges Payout
The US President’s promise of a national cash payout for a Republican Party mid-term election victory is injecting fresh uncertainties into the Treasury market ahead of a 30-year bond auction, renewing concerns about Washington’s fiscal discipline and erratic policymaking.
<p>The US President’s promise of a national cash payout for a Republican Party mid-term election victory is injecting fresh uncertainties into the Treasury market ahead of a 30-year bond auction, renewing concerns about Washington’s fiscal discipline and erratic policymaking.</p>