Markets will be paying close attention to the outcome of midterm elections as they will decide whether Republicans or Democrats will control Congress, which would affect future spending and monetary policy. Throughout the week, traders are also watching a series of Federal Reserve speaker remarks, looking at them for hints about the central bank’s future policy path. During an event held by the Richmond Federal Reserve bank on Monday evening, its president Tom Barkin said the central bank would continue its efforts to rein in persistently high inflation.
Source: CNBC – Bonds