Key facts
- CNBC reported that Democrats won big in the US midterm elections held on November 3.
- CNBC linked the fall in Treasury yields to hopes the vote would curb bond supply.
- The report gave no yield levels, no maturity detail and no size for the move.
US Treasury yields fell after the November 3 midterm elections, which Democrats won by a wide margin, CNBC reported. The report tied the move to expectations that the election result could curb government bond supply.
The report did not give yield levels, the size of the move or which maturities were affected. It also gave no detail on how the election outcome would change issuance.
A Bloomberg item on the same subject was blocked by a bot check and carried no article text, so nothing from it was used.