Internet reports that Trump's victory will not change the prospects of the Federal Reserve cutting interest rates by 25 basis points at this week's meeting, but the central bank "needs to be vigilant" in the future, wrote Gregory Faranello, head of U.S. rates at Amerivet Securities. "Wednesday's election results will only reinforce our views of gradualism, caution, lack of forward-looking guidance and an open mind," Faranello said. In response to the U.S. election results, investors sold U.S. Treasuries, pushing up yields. The yield on the 10-year treasury bond is now reported at 4.451%, and the yield on the 2-year treasury bond is reported at 4.287%.