U.S. bonds rally as stock futures plunge

Wed Nov 09 2016
Lucy Harlow (4124 articles)
U.S. bonds rally as stock futures plunge

NEW YORK  : The U.S. Treasuries market rallied late Tuesday, driving benchmark yields to their lowest level in a month as U.S. stock index futures plunged on results that pointed to growing chances of Republican nominee Donald Trump winning the U.S. presidency.

Benchmark 10-year Treasury notes were up over 1 point in price with a yield of 1.736 percent, down nearly 13 basis points from Tuesday’s 3 p.m. ET level, according to Tradeweb data.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe