US sells 10-year notes at 4.347% vs 4.350% WI ...Middle East

Prior was 4.066%Bid to cover 2.58 vs 2.48 priorVirtually everyone thought this one would tail because of election risks but someone showed up and we got a 0.3 bps stop through. I still find it hard to believe that will undo any pre-election angst but I believe it sets up the bond market for a rally tomorrow, especially if we end up with a divided congress. This article was written by Adam Button at www.forexlive.com.

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