Traders in the $27 trillion Treasury market are increasingly betting on higher long-term bond yields as Wall Street adjusts for the potential return of Donald Trump to the White House. Markets are on alert for a possible exit of President Joe Biden, with trades favoring a Trump win mounting. Early trades indicate a stronger dollar and a steeper yield curve, with insurers expected to benefit from the prospect of looser regulation. Stocks are also being closely watched as the presidential race between Biden and Trump intensifies.