Following the recent U.S. presidential election, traders are increasingly betting on a selloff in the Treasury market, anticipating that policies proposed by President-elect Donald Trump will lead to higher inflation and sustained interest rates. The U.S. dollar has strengthened significantly, rising 6% since early October, as market participants expect Trump's tariff policies to bolster the dollar further while negatively impacting global currencies such as the euro, yuan, and yen. Analysts note that the current market dynamics resemble those following Trump's surprise victory in 2016, with expectations that tariffs will drive the dollar higher, potentially weighing on U.S. equities like the S&P 500. The dollar's rise is seen as a response to anticipated domestic economic growth, deregulation, and lower tax rates, alongside inflationary pressures from tariffs. The S&P 500 has experienced volatility post-election, with some analysts cautioning that the stock index may face limitations in upside potential as the dollar continues to rally.