Treasury, European Bond Yields Tumble as Markets Lifted by U.S. Democrats' Victory — 2nd Update

By Emese Bartha and Paulo TrevisaniYields on long-dated Treasurys, German Bunds and U.K. gilts fell to multiweek lows on Thursday following the Democrats' gains in U.S. midterm elections and a consequent sharp fall in oil prices.Bond markets cheered the prospect of fiscal restraint in the U.S., as…