Macro Finance
Bonds’ Election-Driven Rally Halted by Strong October Jobs Data
Bloomberg Markets·November 6, 2026·1 min read
The Treasury market pared a steep weekly advance triggered by the US midterm election results after strong October employment data revived wagers on a Federal Reserve interest-rate hike next month. Bond yields rose as investors adjusted expectations, with the jobs report signaling economic resilience that could support tighter monetary policy.
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