Republicans’ Healthcare Bummer Burdens Bond Yields

European bond yields, as well as the American ones, have dropped due to Republican’s failure to push the healthcare bill. When Donald Trump won, chanting all those great plans about tax reforms and infrastructure spending, yields have risen. But, as the time was passing by, and investors started loosing their faith, yields have significantly reduced. Analyst Piet Lammens said that if Trump continues to let markets down, yields will keep weakening. German 10-year yields dropped 3 bps to 0.56%. Spanish 10-year yield fell 7 bps.