📉 U.S. Treasury yields dip ahead of key employment data and elections.
10-yr yields hit 3-mo high on less dovish Fed expectations.
76.6% odds of 25 bps cuts in Nov & Dec. Yields influenced by betting markets showing greater odds of Trump presidency & Republican majority.
Going into the future, I will be sitting on my hands, awaiting for more data to make logical decision on the next draw on liquidity.
#TreasuryYields #FedInterestRates #USPolitics