Goldman Sachs says Trump's victory in the 2024 election is likely to boost bond yields and the US dollar

Goldman Sachs looked with support to the dollar's response after the primaries in Iowa, where the market reacted perfectly after the release of partisan results in Iowa last week.

The apparent moves of the dollar suggest that Trump's possible focus on trade and international politics could provide an additional boost to the US dollar.

Treasury bond yields also rose, helping support their view that a Trump-led Republican sweep could affect the government debt market as well.