US yields dip as ’Trump trades’ unwind in tight presidential race
2 months ago

US yields dip as ’Trump trades’ unwind in tight presidential race

Live Mint  

* Iowa poll shows Harris ahead of Trump, weighs on yields * US 10-year yields on track for largest fall since early Sept. 4 * US two-year yields show biggest decline in three weeks * US 2/10 yield curve bull flattens * US Treasury three-year notes auction show weak results By Gertrude Chavez-Dreyfuss NEW YORK, - U.S. Treasury yields slid across the board on Monday, as traders squared up positions ahead of Tuesday's presidential election due in part to a new opinion poll showing Democratic candidate Vice President Kamala Harris with a surprise lead in Iowa over Republican former President Donald Trump. Treasury yields, however, pared losses after an auction of U.S. three-year notes priced higher than expectations, suggesting market participants demanded a premium to take down the note. Yet analysts at JPMorgan said about 21 bps of the recent move higher in 10-year yields was accounted for by expectations that Republicans could win the presidency and both chambers of Congress. The U.S. yield curve, meanwhile, bull flattened with the gap between two-year and 10-year yields at 13.1 bps, down from 17.2 bps on Friday, and unwinding, at least temporarily, the curve steepening in place for the last few weeks.

History of this topic

Last Time Bond Yields Surged Like This, Stock Markets Sank
Trending News
3 days, 1 hour ago
US yields rise on strong data amid supply
Trending News
3 days, 15 hours ago
Longer-dated yields rise amid supply
4 days, 13 hours ago
Treasuries Post Annual Gain as Fed Starts Interest-Rate Cuts
1 week, 1 day ago
Stocks gain with bond yields, dollar up; economy, rates in focus
2 weeks, 4 days ago
Treasury Yields Edge Higher With Long-Term Debt Out of Favor
2 weeks, 4 days ago
US stocks end higher ahead of Fed, bitcoin surges
3 weeks, 4 days ago
Global stock index falls, bond yields rise ahead of rate decisions
4 weeks ago
US 10-year yields fall to six-week low after payrolls, markets see green light to December cut
1 month ago
India bond yields to track US rates; downside largely capped
1 month, 2 weeks ago
India bond yields may drop tracking decline in US rates
Trending News
1 month, 2 weeks ago
Dollar dips with Treasury yields after Bessent pick
Trending News
1 month, 2 weeks ago
Dollar Falls as Treasury Pick Tempers Trump Bets: Markets Wrap
1 month, 2 weeks ago
US yields rise, weak demand for 20-year auction
1 month, 3 weeks ago
Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink
1 month, 3 weeks ago
Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
1 month, 3 weeks ago
Traders Ramp Up Bets on a Treasury Selloff After Trump’s Win
1 month, 4 weeks ago
The new Trump Trade looks scarier than the old one
2 months ago
Stocks Hold Trump Election Gains as Dollar Eases: Markets Wrap
2 months ago
US yields post sharp gains as Trump victory triggers caution about deficits
2 months ago
Stock market today: Stocks, bond yields and bitcoin advance with US vote count uncertain
Trending News
2 months ago
US yields mixed as election risks rise after solid 10-year note auction
2 months ago
Dollar dips as US voters head to polls
2 months ago
Stocks rise, Treasuries steady as markets brace for US vote
2 months ago
US Bonds slip as market volatility hits one-year high amid US election results; Spot dollar index down
2 months ago
Dollar, stocks tread water before tight US election
2 months ago
Wall Street drifts ahead of election day and a manic week for markets
2 months, 1 week ago
Bond Yields Soar After Fed's Interest Rate Cut, Raising Concerns
2 months, 1 week ago
Yields Soar Before Jobs Report, But Fed's Hands Remain Tight
2 months, 1 week ago
Dollar Soars to 2-1/2-Month Peak as US Rates, Election Eyed
Trending News
2 months, 2 weeks ago
Dow sets a record as Wall Street drifts to the finish of another winning week
3 months, 2 weeks ago
Longer-dated yields climb as investors consider recession outlook
4 months, 2 weeks ago
India bond yields seen marginally lower as Fed rate cut bets improve
4 months, 3 weeks ago
Stock market today: Wall Street coasts to the close of another winning week as Nvidia cools again
6 months, 3 weeks ago
US stocks edge up after more than expected fall in retail sales
10 months, 3 weeks ago
US Market: Wall Street rises on strong GDP data, S&P 500 sets a new record
11 months, 2 weeks ago
Bond yields tumble as bets on rate cuts mount amid fresh signs of easing inflation
1 year ago
Decoding the (Almost) 5% 10-Year Treasury Yield
1 year, 2 months ago
Global Equities, US Yields Fall Ahead of Debt Ceiling Vote
1 year, 7 months ago
US Stocks Rise and Treasury Yields Dip as Data Shows Inflation is Cooling
1 year, 8 months ago
U.S. Federal Reserve attacks inflation with its largest rate hike since 1994
2 years, 6 months ago
US stocks gain, Treasury yields hit multi-year highs ahead of expected rate hike
2 years, 8 months ago
Bets against US Treasury bills left bond bears in a cold sweat
3 years, 8 months ago
Fading hopes of big US spending pull down yields overseas
4 years, 2 months ago
Bond traders ditch bets on heavy stimulus in tight US Election
4 years, 2 months ago
The 10-year Treasury yield just dropped below 1% for the first time in history
4 years, 10 months ago
Dollar falls amid declining US Treasury yields
5 years, 4 months ago
US markets extend losses as treasuries advance
5 years, 9 months ago
US markets fall amid weak economic data; bonds decline
5 years, 10 months ago

Discover Related