U.S. Treasury yields fell (their prices moved higher) and the dollar weakened as investors they lowered the stakes for Republican Donald Trump’s victory in Tuesday’s US presidential election.

In particular, investors estimate that a Harris victory will lead to a further rise in bond prices, while on the contrary, in the event of a Trump victory, the interest rate curve will become steeper, i.e. bond yields will increase.

It is recalled that in recent weeks, investors were betting on a Trump victory, believing that his policies of low taxation and high tariffs will boost both growth and inflation. Those bets helped boost the dollar against the euro, pushing the US currency to a four-month high, while bond prices fell, sending the 30-year Treasury yield last week to its highest level since July.

In contrast to the bond market, significant outflows were recorded in the so-called bond market cryptocurrenciesas those investing in them prepare for a period of heightened volatility immediately following the US election. More generally, it is estimated that the showdown between the Republican candidate Donald Trump and the Democratic rival Kamala Harris seems to go “to the end”, as a result of which investors who are placed, not only in crypto but also in bonds and stocks are preparing for turmoil in the market.

On the campaign trail, Trump took a decidedly pro-crypto stance, while Harris, in a more measured approach, pledged to support a regulatory framework for digital assets.

In the domestic secondary market, bond prices moved upwards resulting in lower yields, the yield on the Greek 10-year bond stood at 3.28% %, from 3.31% yesterday against 2.42% of the corresponding German bond resulting in the margin to be formed at 0.86%.