Bond Yields End Week Higher as Market Preps for Trio of Risks

What You Need To Know

• Traders held tight to expectations that policymakers will cut rates by a quarter-point on Nov. 7 and again on Dec. 18.
• Volatility has been rising as Kamala Harris and Donald Trump face off in a tight race for the White House on Nov. 5.
• Yields had climbed roughly 60 basis points throughout October, causing a Bloomberg gauge of the debt to post its worst monthly loss since 2022.