Muddy dollar picture as investors switch to ‘impeachment trade’

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Muddy dollar picture as investors switch to ‘impeachment trade’

Trump_helicopter_PA_230x150
President Donald Trump departs the White House as he leaves for a day trip to the Coast Guard Academy, on the South Lawn of the White House in Washington, D.C. on May 17, 2017. Photo by Kevin Dietsch/UPI | KEVIN DIETSCH/UPI/PA Images

A swirl of allegations surrounding US president Donald Trump this week added a rally in US Treasuries to already tightening dollar swap spread, creating an uncertain environment for public sector issuers considering dollar deals next week.

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