US midterm results push bond yields lower in India and abroad
In short
US midterm election results pushed bond yields lower in India and other markets after Donald Trump's Republican Party lost control of Congress. The report also links the move to falling crude oil prices and easing borrowing worries.
This matters for bond investors because lower yields can change returns and pricing.
What the reporting says
US midterm election results have pushed global bond yields lower after President Donald Trump's Republican Party lost control of Congress, according to a Mint Money summary. The report also says falling crude oil prices and easing borrowing concerns helped yields decline in India and overseas.
Why it matters
US midterm election results have pushed global bond yields lower after President Donald Trump's Republican Party lost control of Congress, according to a Mint Money summary. The report also cites falling crude oil prices and easing borrowing concerns as reasons yields dropped in India and overseas.