Goldman Sachs says a Trump 2024 election win will likely boost bond yields and US dollar

<p>A piece from Dow Jones / Wall Street Journal on Goldman Sachs drawing implications of a potential Trump win in the 2024 Presidential election.</p><p>In brief from the article:</p><ul><li>Goldman Sachs looked to the market reaction seen from the results of last week's Iowa caucuses. In particular, they zeroed in on a 13-hour window after the caucus took place at 7 p.m. local time on January 15 and point out that the dollar strengthened against its major peers by enough "to look unusual relative to normal levels of volatility."
</li><li>The greenback's pronounced moves during that window suggest that Trump's likely focus on trade and international policies "could provide a meaningful further boost to the dollar"</li><li>
Treasury yields also moved higher, helping to support their view that a Trump-led Republican sweep could affect the government-debt market as well.</li></ul><p>—</p><p>Interesting. Trump has just won the New Hampshire caucus. Will the USD move the same in the hours ahead?</p>

This article was written by Eamonn Sheridan at www.forexlive.com.