Bond Traders Whipsawed by Trump Palace Intrigue Turn Back to Fed

“Things that are happening here have not been positive for the Trump administration, so people are starting to doubt really what he’ll be able to do going forward,” said Tom Tucci, head of U.S. Treasury trading at CIBC World Markets Corp. “We’re just marking time, in this range until we get some new information,” which probably won’t come from Jackson Hole, he said.

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