Analysis: The bond market may prevent Trump from pressuring the Federal Reserve.
In a report, Edgar Walk of Metzler Asset Management stated that the reaction of the bond market will be decisive when it comes to President Trump exerting political pressure on the Federal Reserve. "The volatility of gold or the dollar will not stop Trump. The only real limiting factor will be a tense bond market," the chief economist said. The economist from Metzler also stated that as long as yields remain stable and the bond market does not protest, political pressure will continue to increase.
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