Trump did a lot last night to alleviate some of the fears,
Posted on: November 10, 2016 at 00:19:56 CT
SparkyStalcup MU
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hence the correction. Futures were down 700 points last night at one point.
The 10 year treasury yields went from 1.86% to 2.07% yesterday. 30 year yields went up, too. That's the biggest one day jump in 3 years. Buyers are convinced that Trump will do some fiscal expansion to stimulate the economy. That would fit in a pattern of GOP presidents in recent memory.