Trump's Fed Interference: Dollar Drop Ahead?

Is Trump Undermining the Fed? Citigroup strategists are urging investors to bet against long-term US bonds and the dollar amid fears that President Trump's interference with the Federal Reserve could trigger market volatility, higher long-term interest rates, and increased inflation. With the gap between long and short bond yields widening to levels not seen since 2001, Citigroup recommends a curve steepener trade and buying euros against the dollar, anticipating a potential weakening of the dollar due to eroding confidence in the Fed. Hosted on Acast. See acast.com/privacy for more information.