The credit world’s version of the “Trump trade” is starting to take shape: buy high-yield U.S. bonds and avoid anything sensitive to inflation.
Corporate bond investors around the world have already begun positioning themselves to benefit from the potential Donald Trump Donald Trump’s election victory after an assassination attempt and the Republican National Convention have strengthened his standing in the polls. US high-yield bond spreads have widened against their euro counterparts over the past week and hedge funds have seen a sharp rise globally. in incoming flows.
