Rathbones sees Democratic midterm gains supporting US Treasuries

By Public Technologies
  • Rathbones’ November 4, 2026 analysis sees Democratic control of Congress supporting US Treasuries if lawmakers curb tax cuts and federal spending.
  • Credible de-escalation of the Iran war could lower oil prices and inflation, supporting bonds across the yield curve.
  • Lower yields could boost equities and corporate bond prices; renewed US attacks on Iran would risk higher inflation and interest rates.
  • Tighter regulation could moderately weaken equities and corporate credit in AI and financial services, without triggering a market-wide sell-off.
  • Longer-dated US Treasuries could benefit from reduced future issuance and a lower fiscal term premium.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rathbones Group plc published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.