“Trump trades” appeal fades as the U.S. Dollar loses post-election momentum

According to Bloomberg, investors in some asset classes were pulling back from their “Trump trades” as the dollar lost its post-election gains. They questioned whether Trump would go through with his ambitious tariff proposals. Treasury yields were also returning to pre-election ranges after the 10-year and 2-year Treasury yields went up 4.49 and 7.7 basis points, respectively, after Trump's win.