Market Comment | A cooling in US reflationary policies triggered mild market risk aversion
Published on Monday, March 27, 2017
Market Comment | A cooling in US reflationary policies triggered mild market risk aversion
Summary
Financial markets registered a slight increase in risk aversion following the US Administration’s failure to pass the health care bill in Congress on Friday. Investors reassessed Trump’s ability to pass potentially reflationary bills, such as the promised tax cuts. As a result, US Treasury yields fell and the USD depreciated. Meanwhile, equities extended their declines, […]
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BBVA Research
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