And while the Trump administration’s fiscal plans stalled during his first 100 days, supporting Treasuries, the initiatives could make a comeback. Republicans are determining whether they have the votes to pass an amended version of their health-care bill through the House, after leaders scrapped a planned floor vote in March.
“Given the likelihood that the economy rebounds in the second quarter, plus new risks coming out of Washington, it is a little dangerous to take an aggressive stance in the bond market,” said Gary Pollack, head of fixed-income trading at Deutsche Bank AG’s Private Wealth Management unit in New York.
Well Gary, it's probs because we're not gonna see anything meaningful as far as fiscal stimulus goes...
Submitted May 02, 2017 at 11:02AM by MasterCookSwag http://ift.tt/2oTX0um
