Clinton Wins: “The market has already priced in a Clinton victory,” said Margaret Yang, a CMC Markets analyst in Singapore. Market participants surveyed by Ian Lyngen, head of US rates strategy at BMO Capital Markets, predicted an average increase of 5 basis points if Clinton wins, he said. JPMorgan’s Normand said the yield would fall below 1.7 % in the days after a Trump win, from 1.78% on Friday. Trump wins: “I can’t think of any country that would benefit if Trump wins,” CMC Markets’ Yang said. “India and Indonesia will be least affected if Trump wins,” due to their robust domestic growth, Peng said.

Source: Mint November 06, 2016 07:40 UTC