Skip to content

Treasury Buyers Like GOP While Dollar Bulls Favor Democrats

Many investors also say potential social unrest or highly contested election outcomes would lead to stock declines or gains in Treasuries.

Bloomberg business news
What's the Best Election Outcome for US Markets?
Updated on

Bond bulls and dollar bulls have reason to root for opposite sides to prevail in Tuesday’s midterm elections

Treasuries are expected to rally if Republicans win control of both the House of Representatives and Senate, according to 43% of 429 market participants polled in the latest MLIV Pulse survey. On the other hand, if Democrats hold on to the Senate and the House, 39% of respondents say the dollar will extend its streak of gains. An overwhelming majority of investors expect a debt limit standoff next year.