For US bond markets, the determining factor will be the fiscal plans as opposed to the campaign promises. There are two elements to what happens in bond markets, what the Fed does and very importantly, at this point, what the fiscal authority is doing.
Rupee hits new record low against US dollar on RBI rate cut hopes
The Indian rupee weakened to a record low of 87.487 per dollar on Wednesday, before closing at 87.465 per dollar, down 40 paisa from its