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US dollar gains and Treasuries decline after Trump assassination attempt; Goldman challenges Fed stress test results

Plus: Italian foreign minister criticises ECB over UniCredit Russia exit pressure, and more
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US dollar gains and Treasuries decline after Trump assassination attempt; Goldman challenges Fed stress test resultsImage: David Maxwell/EPA-EFE/Shutterstock (14585173j)

US Treasuries declined and the dollar strengthened in early trading today following Saturday’s failed assassination attempt on Donald Trump, as investors speculated on the former president’s chances of winning the US elections in November.

Yields on benchmark 10-year Treasuries rose by 0.03 percentage points to 4.21 per cent, indicating a slight decline in price. According to a Reuters report, investors have previously reacted to the possibility of a Trump victory by driving Treasury yields upward, partly due to expectations that his economic policies could contribute to inflation and debt.

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