The Kremlin said allegations that Russia was involved in cyberattacks on a freezer were utterly absurd.

Thursday — Investors, expecting a Democratic sweep and tighter fiscal restraint that would favor bonds, pushed long-dated U.S. Treasury yields to eight-week lows, Tradeweb data showed. The 10-year and 30-year yields hit intraday lows of 4.837% and 5.229%, respectively, before ticking up slightly but finishing lower on the day. Two-year yields, which fell to a two-month low on Wednesday, were trading just above that level. MissionSquare CIO Shari Hensrud said a split Congress could be supportive for bonds but would not solve the fiscal deficit; a reduction in fiscal risk could underpin long Treasuries and exert downward pressure on long-term yields, while short-term yields remain more dependent on Fed policy, inflation and labor-market conditions.

South Korea's finance minister said authorities must prepare for the possibility of increased market volatility.