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Treasury yields fall as investors crowd into bonds for safety amid election stock sell-off

US Treasury yields fell as investors sought safety after a sell-off in equity futures, triggered by the prospect of large Democratic wins in the US midterm elections. The 10-year note yield dropped nearly 5 basis points to 4.902%, the 30-year bond yield slid to 5.29%, and the 2-year note yield fell 6 basis points to 4.55%. CNBC Election Desk projected Democrats to win the House, while the Senate remained undecided, though Democrats had already flipped a North Carolina seat. S&P 500 futures fell 1.1% and Nasdaq-100 futures slid 2%, with AI-related shares leading the decline on fears that Democrats would slow data center buildout.

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bondsmidterm electionsDemocratic PartyS&P 500data centers

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MarketUS stocks
SectorETF
Close on 11/03/2026685.34
Change that session+0.62%
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SPY

▼ Likely negative

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Relevance: medium

MarketUS stocks
SectorETF
Close on 11/03/2026754.41
Change that session+0.31%
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DXY

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Relevance: low

MarketCurrencies
Close on 11/03/2026101.86
Change that session+0.06%
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MarketGold
Close on 11/03/20263,930.22
Change that session-0.42%
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