US Midterms promise little for stocks or bonds

The US Capitol in Washington, home to the Senate and House of Representatives. All 435 House seats and 35 Senate seats are up for election in this year’s midterms. Photo: Rawpixel.
The US Capitol in Washington, home to the Senate and House of Representatives. All 435 House seats and 35 Senate seats are up for election in this year’s midterms. Photo: Rawpixel.
The US midterms are struggling to command investors’ attention. Earnings, AI and the Fed matter more to stocks. Neither party offers bondholders relief from the deficits and Treasury supply pushing up long-term yields.

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