The policies of both Mr. Trump and Mr. Harris are weak in the bond market = JP Morgan

2024/7/24 5:30 AM GMT+9 (some excerpts)

Richard Madigan, Chief Investment Officer (CIO) of JPMorgan Private Bank, stated that there is a possibility that the policies set by both the Democratic and Republican parties for the US presidential election in November will lead to the issuance of government bonds and an increase in budget deficits, and there is a possibility that they will increase inflation and adversely affect the bond market.
I gave a lecture at the Reuters Global Markets Forum on the 23rd.
He said, “The policy attitudes of both Trump and Harris are very different, but both seem to be on the path leading to the issuance of government bonds and an increase in budget deficits,” and pointed out that there is a possibility that inflation and the bond market will worsen.