According to The Wall Street Journal, “Two-Year Treasury Yield Falls to Two-Month Low as Democrats Sweep Midterm Elections”
Two-Year Treasury Yield Falls to Two-Month Low as Democrats Sweep Midterm Elections
Why This Matters
BELLINGS interpretation of “Two-Year Treasury Yield Falls to Two-Month Low as Democrats Sweep Midterm Elections”: Issuers refinancing debt could face lower borrowing costs because falling bond yields can reduce required returns on new debt.
