GLOBAL MARKETS-Stocks, Treasury Yields Gain as Markets Brace for US Vote

GLOBAL MARKET - NEW YORK. World stocks rose and Treasury yields rebounded on Tuesday while an index of market volatility retreated, as markets awaited early indications of the outcome of a knife-edge U.S. election, with only currency markets showing some jitters.

Overnight implied volatility options for euro/dollar spiked to the highest since November 2016, as did those for the dollar-Mexican peso pair, in recognition that the latter could be hard hit by protectionist policies if Republican Donald Trump defeats Democrat candidate Kamala Harris.

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