Commerzbank Says Treasuries Resume Rally, US Equity Futures Lower, Brent Oil Steady

06:17 AM EST, 11/05/2026 (MT Newswires) -- US Treasury prices rose again early Thursday after pausing their gains late in the New York session, while US equity futures turned lower and Brent crude held steady around $94 per barrel, according to a note from Commerzbank Research. Vice President JD Vance blamed Tuesday's Republican election losses on the Middle East war, the rising cost of living and ties with Israel, seeking to distance himself from both President Donald Trump and the conflict with Iran, wrote Commerzbank in the note. Florida Governor Ron DeSantis warned that the results could be disastrous for Republicans across much of the country. President Trump said he is open to working with Democrats on "many financial ideas." The Financial Times reported that two Russian diesel cargoes bound for the US have been rerouted to other markets. European Central Bank policymaker Martins Kazaks said the ECB may need to gradually raise interest rates if inflationary pressures spread, making borrowing more expensive, according to Commerzbank. ECB policymaker Emmanuel Moulin said the risk of a negative spiral between banks and sovereign bonds is no longer a concern. He also expressed doubts about the French government's plan to raise the cap on regulated tax-free savings accounts. The euro rebounded above $1.126, added the bank.