However, Trump presidency could also be a blessing for Asian online investors. Trump’s victory has already fired up the dollar and bond yields. The yield on the U.S. 10-year Treasury bond has risen nearly 0.45% since Trump won the election. The reason for the jump in Treasury yields is that investors are speculating Trump would implement expansionary fiscal policies.
Moreover, expectations have also increased that the U.S. Federal Reserve would be swifter in raising interest rate benchmark under Trump presidency than it would have been if Hillary Clinton won the election and the Democrats retained the White House.