Treasury volatility gauge plunges after bond traders navigate election and Fed

Yields on U.S. government debt were steady Friday amid lower volatility as traders absorbed the re-election of Donald Trump as U.S. president and the Federal Reserve’s 25-basis-point interest-rate cut.

Yields on U.S. government debt were steady Friday amid lower volatility as traders absorbed the re-election of Donald Trump as U.S. president and the Federal Reserve’s 25-basis-point interest-rate cut.