Tuesday will be nothing more than the day ahead of a much bigger day – Wednesday, by which time we’ll have guidance on the midterm implications, and we’ll have the US refunding announcement. In Europe, political jitters in Belgium highlight that France is not the only one struggling to consolidate its finances. The Midterms and Refunding Loom Large on Wednesday. Two things for Treasuries to get their teeth into in the coming days. First, the signals from the midterm elections. Expect this to be an issue for trading on Wednesday, as projections emerge through Tuesday night. [...]