HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.
The rise in long-dated Treasury yields has been a major preoccupation for investors since the Federal Reserve delivered its jumbo cut to its policy-rate target in September.
Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the final days of the contest.