Cointime reports: Long-dated US Treasury yields fell to eight-week lows on Thursday as investors bet that a Democratic sweep in the US midterm elections could tighten fiscal constraints and benefit the bond market. The 10-year and 30-year yields touched 4.837% and 5.229% intraday, respectively, before paring slightly. MissionSquare CIO Shari Hensrud said a divided Congress could help bonds but would not solve the fiscal deficit problem.
US Treasury Yields Fall to Eight-Week Lows as Markets Digest Midterm Results
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