Bond investors lost ₹22 lakh crore after Trump's victory
Global bond investors lost $337 billion (around ₹22 lakh crore) on Wednesday after Donald Trump’s election as the US President. The bonds' market value globally slid by $692 billion (over ₹46 lakh crore) in the past three days, Bank of America Merrill Lynch data showed. "Trumpeconomics implies a likely faster pace of Fed rate hikes next year," an economist stated.