Traders work on the floor of the NYSE.NYSEThe contests will determine control of the Senate for the next two years. Many believe a Democrat-controlled Senate could make it easier for lawmakers to push through a bigger stimulus. More government spending could lead to higher inflation, which would drive yields higher.”It’s almost like the market is just relieved we are getting to a conclusion and yields are forming a higher range. Investors are betting more deficits, more spending and more Treasury issuance if Democrats gain control of Senate,” said Gregory Faranello, head of U.S. rates at AmeriVet Securities. ” …
