"Yields on US government debt, which move inversely to prices, were lower and the Mexico peso strengthened after a closely watched poll over the weekend showed an unexpected groundswell of support for Democratic nominee Kamala Harris in Iowa, a state previously dominated by Trump.

The poll, run by non-partisan pollster J Ann Selzer and released late on Saturday, is considered the "gold standard" of opinion surveys in the state."

Yeah, baby!

You must have been a bad boy!

I don't get a paywall there, and I'm not subscribed.

From the thread link....

"Investors believe that if Trump wins and implements trade tariffs and tax cuts - and especially if the Republicans also emerge with control of both houses of Congress - then inflationary pressures will rise, making it less likely that the US Federal Reserve will rapidly cut interest rates.

The Fed is expected to lower rates by a quarter of a percentage point on Thursday, two days after the election."

Ah, so that's why.