Reflation Trades Hit Political Speed Bump – What it Means for the Bond Market
April 03, 2017 at 07:00 AM EDT
By Tim Anderson, RiverFront Investment Group The domestic reflation trade that began in earnest after the November election resulted in record high US equity prices, high yield bond outperformance, and higher interest rates. However, the reflation trade has now hit a speed bump, due to President...