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.
Economic Context
10-year Treasury yield
4.98%
Oct 29, 2026
-0.07 pts since Oct 28, 2026
Higher than 99% of readings in the last 10 years
Oil price (WTI)
$103.37/bbl
Oct 27, 2026
-$1.88/bbl since Oct 26, 2026
Higher than 96% of readings in the last 10 years
Matched from words in this story. Context, not cause.