U.S. Treasury yields were lower on Tuesday, as investors digested President Donald Trump’s return to the White House and a slew of new executive orders.
U.S. Treasury yields were lower on Tuesday, as investors digested President Donald Trump's return to the White House and a slew of new executive orders.Bond markets were closed on Monday for Martin Luther King Jr. Day. Investors watched closely as Trump was sworn in as the 47th president of the United States on Monday.as he was signing executive orders, saying he's thinking of imposing 25% tariffs on Mexico and Canada from February because of their border policies.
However, Trump said he's not ready to impose universal tariffs yet. Investors will be on the alert to see if Trump enacts some of the pro-business policies he promised throughout his campaign.Some housing data will be published this week. The MBA 30-year mortgage rate is due on Wednesday and weekly jobless claims are out on Thursday.
On Friday, investors will await the S&P Global Composite PMI Flash and the release of existing home sales data., Switzerland, is underway. World leaders and CEOs will attend the event to discuss the world's most important challenges and opportunities.
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