Betting against long-term bonds has been a losing strategy for several decades and this form of contrarian pain has been especially deep in the past two years. It’s debatable if it’s different this time, but bond bears have a new reason to hope as rising yields weigh on long Treasury prices, which have fallen below a key technical support level.

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US nat’l security officials: Russia and Iran meddling in US election: CNBC
Supreme Court nomination set to advance as Dems plan to boycott vote: NYT
Trump and Biden to meet in tonight’s final debate: AP
Record investor demand for European Union’s debut of ‘social bonds’: CNBC
German consumer sentiment “is fading noticeably in October”: GfK
OxyContin maker Purdue Pharma to plead guilty to federal charges: CNN
Fed’s Beige Book: US economic activity was generally “slight to modest”: MW
Debt-to-GDP ratios surge across Eurozone countries: BBG