Want to know when the "Trump Trade" will end? Morgan Stanley: Just watch it!

JIN10
2024.11.12 06:08
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JP Morgan pointed out that investors should pay attention to the government bond market to gauge signs of fatigue in the "Trump trade," especially when the 10-year U.S. Treasury yield reaches 5%, which could become a turning point for the stock market. Currently, the yield is around 4.3%. The bank believes that if the yield breaks above 5%, it will have a negative impact on stock valuations. If the Trump administration implements stimulative fiscal policies, it may lead to an increase in bond yields, thereby affecting stock market performance