Published • loading... • Updated
Treasury Yields Fall as Investors Crowd Into Bonds for Safety Amid Election Stock Sell-Off
The 10-year Treasury yield fell nearly 5 basis points as Democrats made gains and investors moved into bonds, traders said.
- Treasury yields fell Wednesday as investors sought safety, while stock futures slid amid early midterm election results. Nasdaq-100 futures slid 2% and stock contracts shed 1.1%.
- Early results show Democrats making gains in the Senate, although control of both chambers of Congress remains uncertain as votes were still being counted. The CNBC Election Desk projects Democrats winning the House.
- The benchmark 10-year Treasury note yield dropped nearly 5 basis points to 4.902%. The 30-year bond yield slid 5.29%, and the 2-year note yield pulled back 6 basis points to 4.55%.
- Chris Weston, head of research at Pepperstone, wrote that the "greatest market reaction may come not from who wins Congress, but from how decisively they win and how far the result deviates from expectations."
- A commanding victory for either party could force markets to rethink Trump's remaining policy agenda and the political trajectory into 2028. Traders continue monitoring results as polls close in western states.
Insights by Ground AI
12 Articles
12 Articles
Treasury yields fall as investors crowd into bonds for safety amid election stock sell-off
Treasury yields fell on Tuesday night, as investors sought shelter from a sell-off in equity futures sparked by big victories from Democrats in the U.S. midterm elections.
·Englewood Cliffs, United States
Read Full Article
The leading stock markets in Asia are falling in the wake of the Democrats' success in the US mid-term elections. The dollar is weakening while the yield on the US ten-year Treasury note is falling slightly.
Investors are turning to the US in search of safer investments, as the election results trigger liquidations on Wall Street.
Ten-year US bond returns to 4.921% while the first results of the legislative elections increase uncertainty about Washington's economic and fiscal future.
Coverage Details
Total News Sources12
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
To view factuality data please Upgrade to Premium
