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Fed Watch Advisors (via the Bondbeat): Trump election odds and the 10s30s UST curve - aka the Trump Trade in bonds. (Second image right on cue—overnight 10s30s futures steepener blocked) https://t.co/AErMZD2N7E
The UST curve has steepened on the back of Trump’s assassination attempt, which has been deemed likely to increase his chances of a win. https://t.co/TzaLsPmHdP
Is the curve steepening because of Trump or Powell? https://t.co/L11oxU03EE

The US yield curve is steepening as traders bet on a potential Trump return, with the 2s/10s yield spread increasing by 4bps to -22.8bps. This trend is attributed to higher odds of Trump winning, implying lower policy rates and more deficit spending, which is favorable for equities.
