Italy 10-year bond yield fell 9.5 bps to 4.36%.

Shanghai’s secondary home market showed resilience in October. Online contract signings (including commercial units and parking) reached 24,653, about 22,000 of which were pure residential — up 10.9% MoM and 33% YoY, the highest October tally in nearly six years. Saturday, Oct 31, 2026 saw 1,505 net-signed contracts, the fourth daily reading above 1,000 that month. Sellers pulled listings: end‑October resale inventory fell to 281,500 from 290,000 at end‑September, near a one‑year low. Average listing‑to‑sale turnover in Shanghai is 78.1 days, a three‑year low.

ANZ rates strategist Jack Chambers said a Democratic clean sweep in the US midterms would make fiscal policy harder to adjust over the coming years — likely preventing further deficit widening but leaving deficits at elevated levels. He said he is skeptical the midterms will drive a sustained rally in US Treasuries; robust US activity indicators support further Fed rate hikes and imply Treasury yields may remain elevated.