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.

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