Noting the statistical significance of Trump's tweets, analysts at J.P. Morgan have created an index to quantify the growing impact on bond yields. Citigroups foreign exchange team also commented that Trump's tweets are "increasingly relevant" to fore exchange movements.
Two of the largest Wall Street banks are trying to measure the market impact of Donald Trump’s tweets. Analysts at JPMorgan Chase & Co. have created an index to quantify what they say are the growing effects on U.S. bond yields. Citigroup Inc.’s foreign exchange team, meanwhile, report that these micro-blogging missives are also becoming “increasingly relevant” to foreign-exchange moves.