Treasuries rallied as the Democrats won control of both chambers of the US Congress, pointing to a political environment that may limit the Trump administration’s tax and spending plans.

Wall Street expects Democrats to win at least one of the houses of Congress in the US midterm elections on Tuesday, setting the stage for a potentially volatile ride in the stock and bond markets with artificial intelligence oversight, defense spending and crypto legislation on the table.

Treasury yields marked their lowest levels in a month on Friday as slumping shares of giant technology companies stoked demand for havens including US government debt.

Early on Oct. 14, just hours before the release of a much-anticipated report on US inflation, TD Securities’ Gennadiy Goldberg recommended that clients bet against a Federal Reserve interest-rate hike later in the month. The logic was that inflation would likely be benign enough to justify a hold. Equally important, a slew of Fed officials had spent days pushing back against expectations for an imminent move.

Treasuries rallied for their best day in more than two years, surging across the board as a deepening rout in AI-related shares, market turmoil in France and fresh Mideast tensions all combined to make US government debt the investment of choice for anxious traders.

Treasuries fell after reports suggesting the Middle East war is heating up lifted oil prices.

Long-term Treasuries rose as benchmark oil prices retreated from the highest levels in weeks, at least temporarily allaying fears of further inflation.

A forecaster who was early to call the most recent Federal Reserve rate hike now says a bigger, half-percentage-point rate increase could be on the table in December.

Treasuries led a global bond rally as a selloff in artificial-intelligence shares deepened, spurring demand for havens from a growth slowdown.

A forecaster who was early to call the most recent Federal Reserve rate hike now says a bigger, half-percentage-point rate increase could be on the table in December.

The Treasury market recovered most of the losses caused by hotter-than-expected inflation data as a slump in US stocks kindled investor appetite for bond yields near multiyear highs.

Harley Bassman, pioneer of one of the most widely followed indicators for US Treasuries, warned that a little-noticed feature of the market is threatening to worsen a monthslong selloff and push bond yields even higher.

After weeks of selling that pushed Treasury yields to multi-year highs, Wall Street strategists are starting to see value in bonds again.

Treasuries slipped at the end of the week as still-elevated energy costs stoked concern about inflation and backed expectations for further Federal Reserve interest-rate increases.

US Treasuries rose after an auction of 30-year debt drew solid demand, helping pull long-dated yields off their highest levels in more than two decades.

US Treasuries were ending the day mixed after a strong auction of 10-year notes signaled that yields at multi-decade highs were fueling investor appetite.

Wall Street strategists are divided over whether US bond yields will come tumbling down by the end of the year or keep pushing up to new highs.

Bond traders are betting so heavily that more interest-rate hikes from the Federal Reserve are on the horizon that even the anticipated slowdown in job growth is unlikely to significantly alter the outlook.

US Treasuries rebounded from a bruising global bond selloff as pressure in European markets fueled demand for haven assets, pulling 10-year yields down from a 24-year high.

The yield on US government 30-year debt reached fresh multiyear highs on the last day of a bruising week after a gauge of consumer sentiment exceeded economist estimates.