[MARKET ANALYSIS] T-note futures gains and yields declined as early Midterm Election results point to firm rebuke against Trump
ORIGINAL · Newsquawk[MARKET ANALYSIS] T-note futures gains and yields declined as early Midterm Election results point to firm rebuke against TrumpRead originalHide original
USTs: +12 ticks T-note futures gained and yields declined in risk-off trade as voters seemed to have firmly rebuked Trump at the midterm elections. Bunds: +19 ticks Bunds were higher amid a haven bid as early results point to a Democratic sweep. JGBs: +2 ticks Kept afloat but lags behind global counterparts despite the underperformance in Japanese stocks.
The report recorded gains in T-note, Bund and JGB futures, alongside declining Treasury yields, amid early election results it characterized as a rebuke to Trump.
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USTs: +12 ticks T-note futures gained and yields declined in risk-off trade as voters seemed to have firmly rebuked Trump at the midterm elections. Bunds: +19 ticks Bunds were higher amid a haven bid as early results point to a Democratic sweep. JGBs: +2 ticks Kept afloat but lags behind global counterparts despite the underperformance in Japanese stocks.
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