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2026-11-04 10:26:31
[US Treasury Yields Fall Near Two-Month Low as Preliminary Midterm Election Results Favor Democratic Party] 1. The yield on the 10-year US Treasury note fell on Wednesday, gradually declining from 4.97% earlier in the Asian session to around 4.89%, its lowest level since early September. The market believes that preliminary results of the US midterm elections favor the Democratic Party. 2. Meanwhile, US stock index futures experienced a sell-off, with S&P 500 futures falling as much as 1.2% to a near three-month low, and the dollar hitting its lowest level since late September. ITC Markets currency strategist Sean Carlow stated that the foreign exchange market reaction accelerated.
