U.S. 10-Year Treasury Yield Falls to 4.89% as Election Results Favor Democrats
The yield is down from 4.97% earlier in the Asia session, reaching its lowest level since early September, as early U.S. midterm results appear to favor Democrats.
US 10-year bond yields are trading at their lowest levels since early September as early results from the U.S. midterm elections looks to be favoring the Democrats. The yield has drifted down to around 4.89% from 4.97% earlier in the Asia trading session. The weakness comes amid a sell-off in U.S…