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Increased Treasury demand and fiscal deadlock concerns following US midterm election results

Fortune · ·by G4L

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  1. 1Democrats elected 54 senators while Republicans elected 44.
  2. 2The 30-year Treasury yield fell below 5.3% and the 10-year Treasury yield declined toward 4.9%.
  3. 3Overnight, the probability of a government shutdown on Kalshi rose to 45%.

So what's the key point?

Democrats won more seats in the US Senate elections. Treasury yields fell as the probability of a government shutdown rose to 45%.

Source Fortune · View original ↗

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