The Treasury market is pricing in an Obama victory, says Janney's Guy LeBas, as...

|By:, SA News Editor

The Treasury market is pricing in an Obama victory, says Janney's Guy LeBas, as southward-heading yields suggest no imminent change to monetary policy. Left unexplained by LeBas is how a Romney victory would change monetary policy. Besides, many suspect the Fed runs the President, not the other way around.