US Treasury yields rebounded and Wall Street suggests laying out the prospects for Trump's election.

US Treasuries fell on Monday, pushing yields to their highest level in over a week. Traders say this is the continued effect of the rising probability of Donald Trump's victory last week. On Wall Street, rate strategists are urging clients to start building positions for stubborn inflation and rising long-term bond yields, as hopes of Trump's return to the White House rise. Major banks like Morgan Stanley and Barclays are preparing for such outcomes. "I think the market will digest Trump's victory" and the increased interest rate volatility that favors rising yields, said St, head of interest rate trading and sales at Odeon Capital Group.

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