Some investors are betting that the Federal Reserve could start buying more long-term U.S. Treasurys as soon as its next policy meeting, a trend that has helped temper some recent selling and kept yields from rising higher.
One factor influencing such bets: the outcome of the Nov. 3 election, which resulted in the strong possibility of divided government in Washington and left investors thinking the Fed might need to assume more responsibility to support an economy increasingly buffeted by a surge in coronavirus cases.
