Romney’s Defeat Means Treasuries May Fall Below 1.5% On Fiscal Cliff And Bernanke

President Obama’s electoral victory over Governor Mitt Romney sparked a nice rally in Treasuries, with the yield on 10-years falling all the way to 1.63% on Wednesday.  With rumors over the future of Ben Bernanke at the Federal Reserve dissipating, and investors preparing for another all-out political battle on the fiscal cliff and the debt ceiling, yields could drop even further, to 1.5% or below, according to Barclays.

http://www.forbes.com/sites/afontevecchia/2012/11/07/romneys-defeat-means-treasuries-may-fall-below-1-5-on-fiscal-cliff-and-bernanke/