Market Comment | Markets cautious after Trump’s tax cut proposal
Published on Thursday, September 28, 2017
Market Comment | Markets cautious after Trump’s tax cut proposal
Summary
US Treasury yields inched up, reaching their recent high levels, after the US President unveiled a tax cut plan (see), although markets still remained cautious as difficulties in legislative approval are expected. US inflation expectations also rose, helped by higher oil prices and the upward revision in the US GDP Q2 (see). The USD depreciated […]
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BBVA Research
BBVA Research
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