- Trump may have used the stock market as a scorecard in his first term, but now the president and his economic officials appear willing to endure short-term economic pain to reshape America’s economy. That makes bonds more attractive to investors, who may raise their expectations for interest rate cuts from the Federal Reserve.
Continued fears of a “Trumpcession” are causing stocks to tumble, and investors are heading to the bond market in a bet that the Federal Reserve might soon be forced to cut rates.
