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US Treasury yields fell on expectations of a stimulus drop



U.S. government bond yields plummeted, reflecting traders’ bet that the outcome from Tuesday’s election would result in smaller stimulus efforts than many had expected.

While the votes are still being tested, the returns present a very good chance that the Republicans will maintain control of the Senate even as Joe Biden, investors and analysts said. beat President Trump to take over the White House. They say that outcome is likely to lead to less spending on infrastructure projects and pandemic relief than …


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