Business2 sources

Treasury yields drop amid midterm election stock sell-off and oil price tumble

  • Treasury yields fell on Tuesday night due to investor demand for safer assets.
  • The sell-off in equity futures was triggered by significant Democratic wins in the U.S. midterm elections.
  • Oil prices also tumbled, contributing to the decline in Treasury yields.
  • Investors sought shelter in bonds as a response to market volatility.
  • The drop in Treasury yields extended past the previous month's trend.

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Treasury yields drop amid midterm election stock sell-off and oil price tumble | Split Angle